We are looking for a Private Money Lender or JV Partner to partner with us on this current deal. Is this property the right property for your investment?
Purchase Address: 1786 SE Minorca Ave., Port Saint Lucie, FL 34952
3 Bed/2 Bath/1 Car Garage
Sq Ft': 1267
Year Built: 1973
Purchase Price: $142,250
Estimated Rehab: $7,000 (i.e., Replace Back splash and Counter Tops in Kitchen, as well as counter tops in both Bathrooms; Flooring in both Bedrooms, Minor Paint in Interior)
Estimated Rent: $1350-1500
Current ARV: $169,000 (Please note, they are building a brand new 4/3 2 car garage directly next door to the subject property. They will be completed building the property in July and sold for $250-$290K)
Comps are Rising... Two properties just hit the market with pending sales at $199,000.
Closing Date: April 29, 2016
If you have any questions, please feel free to send me a DM. I look forward to speaking with you soon. Have a great day and the rest of your week!