OFF Market in Barstow, CA 71% CMV

[Kyle Stines]

Newberry Springs, Ca Investment Opportunity

WHOLESALE PRICE: $115,000.00

CURRENT MARKET VALUE: $160,000

Don’t miss out on this deal! The subject property is a single family residence that can be your next rental or a quick flip. The home sits on 10 acres and has a lot of privacy and a fenced yard. A bonus is that it’s down the street from Newberry Elementary School making the home part of the Silver Valley District one of the best districts in the county. SUBJECT PROPERTY INFORMATION:

3 bedrooms and 2 bathrooms

1,540 Sq. Ft.

10.05 acres lot

Built in 1996

Price: $115,000Price per Sq. Ft: $74.00

RECENT COMPARABLE SALES

C1- 46000 Siesta Ln, Newberry Springs, CA 92365

$155,000 6/30/16

3/2 2,000 Sq Ft

4.99 Acres

Price per Sq Ft. $76

C2- 30661 Jasper Rd. Newberry Springs, CA 92365

$140,000 8/27/17

1/1 1,416 Sq Ft

5 acres

Price per Sq Ft. $98

Days on market 90 days

C3- 30819 Athol Ln Newberry Springs, CA 92365

$161,500 8/11/17

4/2 2,306 Sq Ft

2.4 acres

Price per Sq Ft $70

Days on Market - unknown

C4- 32353 Harvard Rd Newberry Springs, CA 92365

$175,000 7/27/17

3/1.5 1,924

20 acres

Price per Sq Ft $90

Days on market- unknown

POTENTIAL MONTHLY INCOME- $1,100

CONDITION:

Pictures are available here:

https://drive.google.com/drive/folders/1ejE75DKk4z5qhXZNAKT5N5wGWF93R114?usp=sharing

Inspection: Home inspection completed. Waiting on report.

TERMS:

Property is being sold in “As Is” condition.Buyer pays all closing costs.In order to get this deal, you must follow these steps:1) Review information and run your numbers to make sure this deal make sense to you.2) Attend inspection if desired on DATE TBD3) Open escrow on or by 1/26/18 with $5,000.00 earnest money.4) Buyer must be able to close by 2/9/18.

Contact us if you’re interested in this property.

MyNextREI.com

Satellite View

Map View

Redfin

Zillow

Trulia

LOB Coatimundi, LLC DBA OfferOnMyHome.com is a principal party in a valid and assignable Purchase and Sales Agreement which allows LOB Coatimundi, LLC DBA OfferOnMyHome.com to purchase a home in Newberry Springs, CA. The decision has been made to offer this Purchase and Sales Agreement to another investor to allow you the opportunity to buy this home.

If you're interested in acquiring this Purchase and Sales Agreement, please contact us right away.

Not for public distribution. Private communication only.

The complete address of the property, an inspection report, a copy of the executed contract, and pictures of the subject property are available on specific request.