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Updated over 6 years ago on . Most recent reply

User Stats

103
Posts
29
Votes
Travis Moe
  • Rental Property Investor
  • La Quinta, CA
29
Votes |
103
Posts

Flip this Indian Wells Condo

Travis Moe
  • Rental Property Investor
  • La Quinta, CA
Posted

More pictures here

Off market condo in Desert Horizons community in Indian Wells. Property is dated and just needs to be modernized to be a gem. Little to no structural work necessary.

Asking $375,000
ARV = $510K - $525K
Estimated rehab = $50K - $65K

Potential profit = $50K with the following assumptions:
$375K purchase price
$519K ARV
$50K Rehab
90 days held
Analysis factors in (includes) the HOA transfer costs and the HOA dues

3 Bed/3 Bath Condo
2813 sqft
3 car garage
Large, walk in closets
High ceilings
Large foreyard/court yard
Green space
Steps from tee
Steps from pool
End buyers will enjoy Indian Wells resident prices at Indian Wells Country Club

Looking for quick close
$5K EMD binder due upon acceptance

Happy to answer questions.

Offering

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