Cash Flow in Camelia Estates

Asking $80,000 or best offer

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

208 Gardenia Ct,
Prattville, AL 36067
Zillow
Photos
Details:
  • 3bd/1.5ba with 1,050 sqft
  • Can easily convert to 3bd/2ba
  • Owner Occupied. Will be vacant upon closing
  • Market Rent is $900/mo
ARV is $125,000 based on the following comps:
  • 214 Gardenia Ct is a 3/2 with 1,050 SqFt that sold for $122,000 in February 2021 after 3 DOM
  • 134 Magnolia Dr is a 3/2 with 1,375 SqFt that sold for $142,000 in April 2021
  • 242 Magnolia Dr is a 3/2 with 1,264 SqFt that sold for $129,000 in February 2021

Repairs:
 Roof: 8 yrs old. Architectural. In good shape
 HVAC: 2016
 Flooring: Tile in kitchen, dining, and hall. Replace the carpet in living and bedrooms
 Kitchen: Update appliances. Consider painting cabinets

  Bathroom: Some new tile needed in the second bath. Expand master bath by converting the adjacent pantry into a walk-in shower
 Windows: In good condition
 Foundation: On a slab. No apparent issues

 Other: Paint throughout. Consider paving driveway (currently gravel)

 
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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