Hollywood FL 3/2 with 30k-50k in EQUITY

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Hollywood FL 3/2 with 30k-50k in EQUITY

Investor · Miami, FL · Member since 2015 · 12 posts · 2 votes

Great investment deal with little to no rehab...upgrade outdated kitchen and baths are all that is needed to increase the ARV but can sell quickly without it. Stop wasting time and call/email with your offer!

RAC Investments LLC

305-900-4566

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Clyde Allen
Real Estate Agent · San Francisco, CA · Member since 2015 · 13 posts · 2 votes
10y
Why are you selling and are there tenants currently living in your property? What do you estimate the market value and have you had any inspections done or what do you think needs repair or replacement?
Thank you,
CJ Allen-REALTOR
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Crystal Rubaine
OP
Investor · Miami, FL · Member since 2015 · 12 posts · 2 votes
10y
Value is 200-225k...lower end with no updating before resale and higher end if kitchen and baths are upgraded.
It is occupied. No formal inspection done...buyer will need to do so on their own. This is a wholesale deal.
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Greg Grant
Hollywood, FL · Member since 2016 · 57 posts · 20 votes
10y
Do you have a list of the comps you are basing the ARV on?
While I only did a quick search, I could only find comps running from 175-190k
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Eric Jacobs
Specialist · Fort Lauderdale, FL · Member since 2016 · 187 posts · 128 votes
10y
I am unaware of any comps to this proposed value but am happy to consider them as I am very active in and around central and west Hollywood and know the area very well.
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Crystal Rubaine
OP
Investor · Miami, FL · Member since 2015 · 12 posts · 2 votes
10y
Comps $200k- $235k
201 SW 64 Ave--- Closed 5/31/16 $235k
6330 Funston St---Closed 4/28/16 $225k
6521 Miramar Pkwy--- Closed 4/11/16 $203k
230 SW 64 Way--- Closed 5/5/16 $210k
6870 SW 26 Ct--- Closed 6/2/16 $215k
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