Fixer Upper in Helendale CA | 28-35% ROI

[Dennis Pressey Jr]

Single Family Fixer Upper in Helendale CA

1xxx9 National Trails Hwy Helendale CA
3 Bed | 2 Bath | 1750 Sq Ft

ASKING: $163,000

ARV: $239,000 - $279,000

EST. REPAIRS: $50,000

Description:

This property needs your standard renovation. The property has on-site water well. Heating system is electric. Cooking fuel is propane.

The exterior needs an aesthetic update. Interior needs updating of kitchen, floors and baths in order to see maximum ARV. Property is on a nice sizeable piece of land about 15 minutes from population centers.

Known Issues:

Flat roof, leaking primarily in kitchen.
Drywall from leak/damaged area
Kitchen updating including cabinets and countertops
Bathroom updates - full
Exterior aesthetics

Unique Factors:

New development and vacant land sales are skyrocketing with over a dozen sales within the last 6 months
Located between population centers (10-15 minutes either direction)