Cookie Cutter Fix'n'Flip - Wekiva Springs Area!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

also check out on the tab Coaching once on the website.

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Hunter Place, Apopka, FL 32703

INVESTMENT: $218,000

ARV: $310,000 +/-

ARV Rehab: $40,000-50,000 +/-

5 Bedrooms 3 Bath 2 Car Garage

2,552 SqFt

Built: 1979

Construction: Block

HOA: $0/mo

Cookie cutter flip opportunity in the Wekiva Springs area of Seminole County! The majority of your big ticket items have been replaced recently, so all you need to focus on are making the cosmetics pop. Roof, Air Conditioning, Water Heater, and plumbing have all been updated in the last few years. The current owners also put an addition on the home with permits but ran out of money to finish it properly.

The house has a little bit of a weird layout, but nothing that can't be remedied relatively easily. They started putting up some walls in the garage that need to be demo'd to make garage functional again as a garage. The master bed/bath need to be completely updated, as will the other 2 baths. You will need to open up the kitchen and replace cabinets/counters/appliances. Good news is the sellers already bought new cabinets and appliances but were unable to install. These items will convey with sale. Finally, you need to replace most flooring, paint, landscape, and a few other odds and ends.

Since this is the largest home in the area by almost 700 sf, it is a little tougher to comp. We are well under the average pp/sf's for sold houses in the neighborhood. Not one of the houses that sold in the last year in this neighborhood were rehabbed and everyone of them sold in less than 20 days. Sky is the limit on this one! Values on a really nice rehab could possibly be even higher. House is show by appointment only so please do not bother owners.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services