Excellent Offmarket Buy and Hold Opportunity

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Excellent Offmarket Buy and Hold Opportunity

Houston, TX · Member since 2015 · 47 posts · 20 votes

Greetings!

I have a property under contract with the following details

City: Houston. Subdivision: Mission Bend

2 bed 2 baths 2 Car Garage. 1,263 SQ FT

Market Value: $128,000 - $133,000

Estimated Repair: Carpet, AC, Heater and paint recently updated and other updates depends on buyer

The property is well maintained, currently has a tenant in it and is being managed by a property management company.

Current rent: $1,250 per month

Sales Price: $99,000. Rent to Value ratio MUCH HIGHER than 1%

$3000 non-refundable (certified deposit) locks you in. Buyer pays all closing costs

PLEASE DO YOUR OWN DUE DILIGENCE

DO NOT DISTURB TENANTS

If interested, please contact me at chandrarealty at outlook dot com. 

Thank you and have a great day. 

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