💸 QUICK FLIP POTENTIAL $40K PROFIT BAINBRIDGE, GA💸
Listings Stats
The Numbers
Description of Property
GREAT INVESTMENT PROPERTY IN BAINBRIDGE, GA!!!
CALL TO WALK IT NOW!!!
ASKING: $80,000
📍City: Bainbridge
🏡 Property Type: Single Family
🛏️ Bedrooms: 3
🚽 Bathrooms: 1
📐 Square Footage: 1,188
🕞 Year Built: 1960
1230 Garland St, Bainbridge GA 39817 is a 3 bed 1 bath brick ranch at 1188 square feet built in 1960. Property has been vacant for a few years while owner has done work to it including work in the kitchen and laundry room. The ARV is $160k with an estimated cosmetic rehab of $18k. I am asking $80k, leaving room for a profit of roughly of $40k after hard costs. There is a non-refundable EMD of $1,500 buyer pays cash or hard money only. We consider all offers. Closing is scheduled for July 8th, 2024 and buyer agrees to pay all closing costs. Please let me know if you are interested or have any questions. Thanks – contant Jaz at ***-***-****
1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates, information provided, or photographs/video showing the condition of the property are for your convenience only. Any information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, estimated rehab costs, as-is property square footage measurements, or proposed expansion through construction) is an unverified assumption of the company or its affiliates based on limited information and must be verified independently for accuracy. Company and its affiliates assume no liability whatsoever for the accuracy of any estimates, information, or photo/video provided. Buyer is required to conduct their own due diligence.
2. NO UNACCOMPANIED ENTRY OF PROPERTY: Broker and its affiliates do not give you authority, express or implied, to enter or access this property unaccompanied. Access to the property may only be obtained through scheduling a property inspection with Company.
3. NON-REPRESENTATION: Company and their affiliates DO NOT represent you.
4. You may not copy, store, distribute, display, modify, create derivative works, sell, or transmit any part of this content without prior written permission of Company.
5. Please Note: Cash or hard money required for closing
Buyers pay all closing costs.
We are not a licensed contractor or appraiser.
This is an assignable purchase agreement that allows us to purchase the property listed below, not the property itself. If you are interested in this assignable purchase agreement, please contact us.
Description of Repairs
Property needs a cosmetic rehab. It needs paint, flooring in one room, and a new toilet in the bathroom.
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Access:Message Me
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Home Area(sqft):1,188
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Property Type:Single Family Residence
The Numbers
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Asking Price ($):$80,000
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As-Is Price/Sq Ft:$67.34
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Est. Cost of Repairs:$18,000
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After Repair Value:$160,000
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ARV Price/Sq Ft:$134.68
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Est. Gross Profit/Equity:$62,000
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Price Negotiable?:Yes
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Purchase Option:Cash, Hard Money,
Comparables
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Comp 1
Full Address:1305 E River Rd, Bainbridge, GA 39817Distance from Listing Property (mi):0.2Sale Price:$185,000Sale Date:June 16, 2023 -
Comp 2
Full Address:1520 Lincoln St, Bainbridge, GA 39817Distance from Listing Property (mi):0.8Sale Price:$125,000Sale Date:June 16, 2023 -
Comp 3
Full Address:925 E Evans St, Bainbridge, GA 39819Distance from Listing Property (mi):1.8Sale Price:$165,000Sale Date:April 19, 2024
Flippery, LLC does not guarantee the accuracy of any data presented. This data is solely provided by the site member.
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