We have a great opportunity for you. Check out our 3 property package deal in Ridgecrest! 

Ridgecrest Triple Play

Asking $48,000 or best offer for all 3 properties.

We are selling our assignable purchase contract on the properties below. 

331 West Delano Avenue,
Montgomery, AL, 36105

3950 Edgar D Nixon Avenue,
Montgomery, AL, 36105,

226 Iris Ln, Montgomery,
Alabama, 36105,





3950 Edgar D Nixon Avenue, Montgomery, AL, 36105Details:

  • 3 BR/ 1 BA  with 1538 sqft
  • Built in 1950 
  • Closing on or before 8/15/2023
  • Market Rent: $925

ARV is $80,000 based on the following comps:

  • 3839 Gaston Avenue is a 3/1 with 1,075 that is contingent at $88,500

Zillow
Photos

Repairs:
 Roof: Around 14 years old
 HVAC: Older- no inside unit
Flooring: Carpet- replace
Kitchen: Fair- needs some work

  Bathroom: Bathroom- decent shape
  Windows: Wood- most in good shape
 Foundation: Slab- seems to be in good shape

Other: Recommend repainting



331 West Delano Avenue, Montgomery, AL, 36105

Details:

  • 3 BD/1 BA  with 1,064 sqft 
  • Built in 1950
  • Closing on or before 8/15/2023
  • Market Rent: $900/month

ARV is $65,000 based on the following comps:

  • 410 E Patton 3/1 1211 SqFt sold for $58,000 on 3/20/23
  • 25 Davis Dr 3/1 1161 SqFt sold for $50,000 on 5/17/23

Zillow
Photos

Repairs:
 Roof: Own due diligence recommended
 HVAC: Window unit
 Flooring: Wood and carpet- carpet needs cleaning
 Kitchen: Needs updating 
  Bathroom: In good condition  
  Windows: Wood- panes need replacing
 Foundation: Slab- in good condition

Other: Owner was in the process of rebuilding



226 Iris Ln, Montgomery, Alabama, 36105,

Details:

  • 3 BD/1 BA  with 1,273 sqft 
  • Built in 1953
  • Closing on or before 8/15/2023
  • Market Rent: $900/month

ARV is $60,000 based on the following comps:

  • 410 E Patton 3/1 1211 SqFt sold for $58,000 on 3/20/23
  • 25 Davis Dr 3/1 1161 SqFt sold for $50,000 on 5/17/23

Zillow
Photos

Repairs:
 Roof: Own due diligence recommended
 HVAC: No units currently
 Flooring: Wood- needs new finish
 Kitchen: Needs updating 
  Bathroom: Needs updating 
  Windows: Wood- needs new panes
 Foundation: Slab- some settling

Other: Structural sound, just needs renovating 

To submit an offer or set up a viewing please contact Justin at 334-409-6995 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

We are growing our team!

We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a “job.” Our people will have the ability to earn really well and invest in their future through real estate.

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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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