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Foster Algier
  • Investor
  • Orlando, FL
39
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978
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3/2.5 Apopka flip

Foster Algier
  • Investor
  • Orlando, FL
Posted Dec 19 2014, 03:05

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Indian Bluff Ct, Apopka, FL 32703
($102,000.00)

Please call for more info and showing, Foster Algier 407-668-4396.

ARV: $152,000 - $160,000 +/-

Rehab: $25,000 - $30,000 +/-

Rent: $950 - $1,100 +/- (rentometer)

3 Bedroom 2.5 Bath

1,942 Sq Ft

Built: 1986

Construction: Block

Traditional 3 bedroom 2 1/2 bath home located in the Apopka Community of Sheeler Oaks. There have been 51 sales within half a mile in the last 6 months! Nice wooded lot, large family room with wood burning fireplace, volume ceilings, large eat-in-kitchen and 2 screened in patios, one on the back of the home, the other in the front. Located on a quiet cul-de-sac. HOA is $165/year

Repairs needed:
Needs new roof, Needs Updating in kitchen and bathrooms, Needs flooring, Needs paint inside and outside.

Comparables: (link above)
There are 17, 3bd/2ba Homes within half a mile that has SOLD within the last 180 days!
They all range from 1,454 Sqft to 1,764 Sqft... This home is the biggest at 1,942 Sqft.
All of these comparables have 2 car garages.
The comparables were all built between 1986-1994 (8yrs).
The AVERAGE Sold price/per Sqft is $89, which would place this home at $172,838...
But, this home was built in 1986 so it is on the lower end of the scale. So we believe in an ARV from $152k - $160k...

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract and a special warranty deed. Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier, Licensed Real Estate Agent, Sand Dollar Realty Group, Inc.

Offering