Fair Price for this Deal on Fair Oaks Drive

Asking $112,500 or best offer

We are selling our assignable purchase contract on the property below:

2724 Fair Oaks Dr,
Montgomery, AL 36117
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Details:
  • 3bd/2ba with 2,069 sqft
  • Vacant
  • Can easily add a 4th bedroom by building a closet in the room
  • Market Rent: $1,400/mo
ARV is $185,000 based on the following comps:
  • 7316 White Bluff Court (3 Bd/2 Ba with 1,746 SqFt) sold on 9/10/20 for $195,000
  • 7300 Wood Allen Court (3 Bd/2 Ba with 1,745 SqFt is clean but outdated) sold on 11/2/20 for $165,000
  • 7101 W Ridge Court (3 Bd/2 Ba with 1,855 SqFt) sold on 9/29/20 for $172,500

Repairs:
 Roof: 3-tab shingles. 10-12 years old
 HVAC: 14 years old
 Flooring: Replace throughout
 Kitchen: Consider painting cabinets and replacing the countertops & appliances
  Bathroom: Update both bathrooms
 Windows: All in good shape
 Foundation: Built on a slab. No apparent structural issues
 Other: One door needs glass replacement. Has a new water heater that was replaced last year. Replace the missing section of the wooden fence in the back yard
 
To submit an offer or set up a viewing please contact Eric at 334-319-8613 or email eric@rapidfireinvestments.com

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

$2,500 earnest money check required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!
 

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