Property Under Contract - Portland, OR - Great Fix and Flip
Great Fix and Flip or even Buy, Fix and Hold Property
Property Address:
6099 NE Going St. Portland, OR 97218
3 Bed / 1 Bath (2 story)-1380 square feet
Projected Net Profit: $70,000
Purchase Price:$237,000 – after deposit
ARV: $408,480
Comps:
¨ 5634 NE Skidmore St. Portland, OR 97218: Sold for $350,000
¨ 5250 NE 60th Ave. Portland, OR 97218: Sold for $325,000
¨ 5815 NE Failing St. Portland, OR 97218: Sold for $350,000
¨ 5442 NE Prescott St. Portland, OR 97218: Sold for $365,000
Average $ per sq. ft. = $408,480 for ARV
Repair Estimate:$40,000 to 50,000
- Roof, Siding, Windows, interior sheetrock, paint and finish work. There are some uneven spaces on the floor. Considered a “Major Fixer” as a cash only deal.Once I get a chance to walk through property, I can get more detailed pictures and repairs
Some info about the property, located in the popular and up and coming Cully Neighborhood in an area of more expensive homes, near the Alberta Arts District.
Closing date: May 14th, 2018
Nonrefundable Deposit: $5,000 (please call or email with any questions)
The first person to get us a signed contract and nonrefundable deposit gets the deal. This one will go fast so contact me with any questions and to schedule a time to look at the property.
Sincerely,
Bryon and Stephanie Monson
BSM Ventures, LLC
(503) 714-1078