Horse Shoe Homes, LLC
This listing was posted on Horse Shoe Homes, LLC (via Real Estate Promo).
$95,000
REDUCED PRICE!!! Rare opportunity to pick up two turnkey rentals in Henderson
Price:
$95,000
BR/BA:
1 BR, 1 BA
Location:
1150 W Blue Ridge Rd, Units #206 and #210,...
Description:
Price: $95,000 per unit 1 Bed/1 Bath (Studio)Size: 284 square feet1st floor units with lakefront views *Assignment of contracts (wholesale) *One or both units may be purchased *Earnest money deposit of $2,000 required per unit Monthly HOA fees ($483/month) cover all utilities (electric, water, sewer, cable, wifi, trash pickup), condominium amenities (pool, tennis courts, lake access, common laundry area, etc.), insurance, and exterior maintenance.Units were most recently used as a short term rentals, with nightly rental rates between $65 and $165 per night (depending on the season). One unit was previously rented as a mid/long-term rental for 8 months at $1,200/month. Units are already “turnkey”, but could also be updated/renovated to be more marketable and increase rental rates - or to be sold as quick and easy flips. All furnishings (furniture, decor, kitchen items, linens, etc.) are included in the sale price. Estimated ARV: $160K-$170K depending on quality of renovation Estimated Reno Costs: $10K-$12K Recent Comps: *1150 W Blue Ridge Rd Unit #204, Flat Rock, NC 28731 -Identical square footage and studio layout, fully renovated-Sold for $169K on 2/21/23 *130 Old Mill Rd Unit #224, Flat Rock, NC 28731 -1 bed/1 bath unit, 450 square feet, moderately updated-Sold for $175K on 11/20/23 *1150 W Blue Ridge Rd Unit #301, Flat Rock, NC 28731 -1 bed/1 bath unit, 397 square feet, not updated/original condition, wood paneling throughout-Sold for $155K on 1/4/24 *1150 W Blue Ridge Rd Unit #222, Flat Rock, NC 28731 -1 bed/1 bath unit, 455 square feet, nicely renovated-Sold for $185K on 1/30/24 Pictures of Unit #206: https://drive.google.com/drive/folders/17FY2bz8EMPKICeuK04oTAcTd5KphOyQg?usp=drive_link Pictures of Unit #210: https://drive.google.com/drive/folders/1BYUrZOoJvO6Wp4H2OsG_KEHcMYlsJgFR?usp=drive_link For Inquiries or Offers: XXXX@horseshoehomesllc.com (321) 946-XXXX Terms of Sale: -Cash, hard money, or private lending only -Earnest money deposit of $2,000 required per unit -Buyer to pay all closing costs and property is sold in as-is condition -Wholesalers and agents, please add your fees on top of the asking price shown -Buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property
Property Type:
Single-Family Houses
Sq feet:
284 sq. ft.
Year:
1970
Amenities:
Pool
For sale by:
Agent/Broker
Agent Name:
Horse Shoe Homes, LLC
Posted:
May 2 on Real Estate Promo
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More About this Listing: REDUCED PRICE!!! Rare opportunity to pick up two turnkey rentals in Henderson
REDUCED PRICE!!! Rare opportunity to pick up two turnkey rentals in Henderson is a One Bedroom One Bath Single-Family Homes for Sale at 1150 W Blue Ridge Rd, Units #206 And #210 in Flat Rock NC. Find other listings like REDUCED PRICE!!! Rare opportunity to pick up two turnkey rentals in Henderson and listings near 1150 W Blue Ridge Rd, Units #206 And #210 by searching Oodle Classifieds for One Bedroom One Bath Single-Family Homes for Sale in Flat Rock NC.
REDUCED PRICE!!! Rare opportunity to pick up two turnkey rentals in Henderson is a One Bedroom One Bath Single-Family Homes for Sale at 1150 W Blue Ridge Rd, Units #206 And #210 in Flat Rock NC. Find other listings like REDUCED PRICE!!! Rare opportunity to pick up two turnkey rentals in Henderson and listings near 1150 W Blue Ridge Rd, Units #206 And #210 by searching Oodle Classifieds for One Bedroom One Bath Single-Family Homes for Sale in Flat Rock NC.