Friday, February 1, 2013

East Terrell Hills Investment Property

High points on this deal include:
  • Days on market for sold comps are right around 3 months or less!
  • Price per sqft for our comps go as follows: $78.53, $81.93, $71.53, $70.21…..Our ARV is based on $64.58/sqft!!!  (VERY conservative ARV)
  • Rental rates from $875-1,100/month in the area!
  • Easy cosmetic rehab.  The current owner had quite a bit of work done on the property before her contractor bailed on her and left her high and dry before the rehab was complete.  Structurally solid property needing cosmetic updates!
Great Fix and Sell or Rental investment opportunity in the popular East Terrell Hills neighborhood!  Lower days on market for flips and solid rental rates in the area. Some of the rehab work has already been started and this gem is waiting for your finishing touches to get it back on the market.  Call Ryan Harthan at 210-710-1617

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