Montgomery Rental Opportunity in Woodley Park

Asking: $40,000 or best offer

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

2940 Moorcroft Dr,
Montgomery, AL 36116

• 3 bd/1 ba with 1,110 sq ft
• Owner-occupied currently but will be vacant at closing
• Market rent is $700-$750/mo (see rent report above)

ARV is $55,000 based on the following comps:

• 2801 E Lynchburg Ct is a 3 Bd/ 1.5 Ba with 1,029 SqFt sold on 6/28/19 for $55,000
• 2724 Garden Brook Ct is a 3 Bd/ 2 Ba with 1,151 SqFt sold on 11/15/18 for $58,500

Repairs:

 Roof: 10 yrs old
 HVAC: 21 yrs old
 Flooring: Good throughout with new vinyl plank. Linoleum in the bathroom, but in good condition.
 Kitchen: Great shape. Has a stainless steel stove and black fridge in good shape. Granite countertops & partially finished backsplash.
  Bathroom: Good shape
 Windows: Good shape
 Foundation: On a slab, no apparent issues
 Other: Freshly painted and vinyl floors throughout are new. Crown molding throughout. Water heater 6 years old.

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 first-time buyers.

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