8124 Sorrel Ln

Ranchette Estates Flip

Asking $95,000 or best offer

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

8124 Sorrel Ln,
Montgomery, AL 36117

Zillow

Photos

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Details:

4bd/2ba with 1,721 sqft
Vacant
Market Rent $1,200-$1,400/month

ARV is $180,000 based on the following comps:

8131 Sorrel Ln is a 3/2 with 2,251 SqFt that sold for $200,000 in April of 2021
10701 Palomino Dr N is a 3/2 with 1,694 SqFt that sold for $165,000 in October of 2021

Repairs:
Roof: Around 20 yrs old. Need replacement
HVAC: Need replacement
Flooring: Refinish hardwoods, re-do the flooring in 2 bedrooms upstairs
Kitchen: Install new appliances, new countertops, consider replacing cabinets
Bathroom: Replace vanities, replace toilets, install new tubs/tile
Windows: In good shape
Foundation: In good shape
Other: Paint throughout, replace water heater, repair several small holes in walls, consider replacing doors

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!

Ranchette Estates Flip

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