Instant Cash Flow in East Montgomery

Asking $99,000 or best offer

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

352 Kroy Dr Montgomery, AL 36117
Zillow
Photos
Details:
  • 3 bd/2 ba with 1,206 sqft
  • Rented for $850/mo. Tenant is Month-to-month.
  • Closing on or before 5/21/2022
  • Market Rent: $1,150/month
ARV is $140,000 based on the following comps:
  • 6420 Wares Ferry Road is a 3 bd/2 ba with 1,232sqft that sold for $143,000 in March of 2022.
  • 6318 Xenia St. is a 3 bd/2 ba with 1,144 SqFt that sold for $137,000 in February of 2022.
  • 6237 Lycoming Rd. is a 3 bd/2 ba with 1,348 SqFt that sold for $128,000 in May of 2022.

Repairs:
 Roof: Architectural shingles less than 1 year old per seller.
 HVAC:  Central HVAC MFD 2010
 Flooring: Tile and LVP in good shape
 Kitchen: Tiled counters in good shape / appliances convey with the buyer.

  Bathroom: In good shape
  Windows: Wood windows in good shape
 Foundation:  Slab / no apparent issues

 Other: Ceiling stains were prior to roof replacement

 
To submit an offer or set up a viewing please contact Eric at 334-319-8613 or email [email protected]

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

Must close with Garry S McAnnally (Montgomery office)

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

Realtors, add your fee (whatever you like) and bring us a buyer!
 
 
Not interested in this deal? Click here to view our other listings
 
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 Disclaimer: Sender of this email is not acting as a Real Estate Agent, Real Estate Broker, Securities Dealer, Broker or US Investment Advisor. Sender of this email makes neither warranties nor representations as to the Buyer, Seller nor Transaction. Receipt of these documents is acknowledgment and acceptance that this is privileged, proprietary and confidential and will not be forwarded to any party(s) without prior written consent from the sender. Confidentiality: This email message and its attachments are covered by Electronic Communications Privacy Act, 18 U.S.C ss 2510-2521 and is intended only for use of person or entity to which it is addressed. If you are not the intended recipient or have received this message in error, you are prohibited from disseminating or otherwise using this information under law.

An investment buying real estate involves substantial risks. Each investor should carefully consider the risk factors and conduct their own due diligence before investing.  This 
statements shown, and on our websites may contain forward-looking statements and are based upon our current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, actual results and performance could differ materially from those set forth in this current statement.  Any financial projections or returns shown on this email are illustrative examples only, and there can be no assurance that any real estate valuations or estimates provided are accurate or in agreement with market or industry valuations. Any investment information contained herein has been secured from sources Rapid Fire Investments are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor.  We have equitable ownership interest and will assign our rights in the contract to the buyer.  Asking price above includes the original contract price & assignment.  Terms of original contract, unless otherwise noted above, include:  As-is, where-is purchase; cash or hard money closing; fully insured & clear title delivered at closing.  Any comparable sales presented as accurate, but are not a guarantee or opinion of value. Again, Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this email and/or our other websites, and are encouraged to consult with a financial advisor, attorney, accountant, contractor, and any other professional that can help you to understand and assess the risks associated with any investment opportunity.
 
 
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