Looking for Investor with $40k, you will get 100% ROI

[Paula Wallace]

115 14th St, New Orleans, LA 70124

Lot: $155,000 (48x120) (under contract)  With setback rules would leave 40x115 available

New Construction costs: $180,000 (looking between 2,000 to 3,000 sq ft)

Robert Wolfe Construction is going to build the house, they are a very reputable company. 

Total: $335,000   (Have obtained financing for up to 90% of purchase and build)

Looking for investor to provide $40,000 with 100% ROI

SOLD Comps for the area:

418 35th St - 3/2 - 2,550 sq ft - 111 DOM - $499,000 (SOLD 12/13/16)

215 12th St - 3/2 - 1,965 sq ft - 57 DOM - $428,000 (SOLD 11/30/16)

328 22nd st - 4/3 - 3,00 sq ft - 45 DOM - $550,000 (SOLD 12/30/16)

411 22nd st - 4/2 - 2,233 sq ft - 83 DOM - $412,000 (SOLD 1/27/17)

6338 Pontchartrain BL - 5/3.5 - 3,400 sq ft - 38 DOM - $599,000 (SOLD 1/20/17)

139 28th St - 5/4 - 3,055 sq ft - 92 DOM - $600,000 (SOLD 3/3/17)

AVG DOM - 71 DOM

AVG PRICE SOLD - $514,666

215 22ND ST - PENDING - 3/2 - 2,033 SQ FT - $479,000

We are looking to close by the end of the month and get things started.

Please text or call me if interested:  504-383-3624