High-End Rental in Highland Ridge Subdivision of Prattville

Asking: $110,000 or best offer

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

1953 Regent Rd
Prattville, AL 36066
Zillow
Photos
Details:
  • 4 bd/2 ba with 1,547 sq ft
  • Built in 2005
  • Currently rented for $1,100. The current tenant is in the military and plans to move out in a few months
  • Market Rent is $1,450-$1,550 (MLS 4 Bd Rent Avg is $1,491/mo)
ARV is $175,000+ based on the following comps:
  • 1990 Regent Rd (3 Bd/2 Ba with 1,644 Sqft) that sold on 8/31/2020 for $179,990
  • 1919 Dundee Dr (3 Bd/2 Ba with 1,672 SqFt) that sold on 6/15/2020 for $190,000
  • 636 Little Farm Rd (3 Bd/2 Ba with 1,665 SqFt) that sold on 7/30/2020 for $176,900

Repairs:
 Roof: Consider replacing. 3-tab
 HVAC:  AC and furnace are original. Replace
 Flooring: Replace carpet in the living room. Carpet in bedroom is in good shape
 Kitchen: In good shape. Has black appliances, Formica countertops, tile floor
  Bathroom:  Both are in good shape
 Windows: Original dual-pane vinyl. In great condition
 Foundation: Built on a slab. No apparent cracks or issues
 Other: Pressure wash or paint the exterior siding on the back. Budget for minor landscaping in the front

 
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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