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Updated over 7 years ago,
Excellent Offmarket Buy and Hold Opportunity
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.