All Forum Posts by: Glendon Anderson

Address: 107 East Nims Ave, Mt Holly, NC ONLY $94,500 or OBO (ARV $225,000) 

3 unit deal on one parcel in Mount Holly, NC. 3 properties all on one parcel.

Needs between $45,000 - $55,000 in repairs for all 3 properties. Can be subdivided. After repairs you are look at over $75,000 + in equity/profit.  Would make a great flip or buy n hold. 

3 bedroom 2 bath - $950/mo ( ARV - $95,000) 

3 bedroom 1 bath - $850/mo (ARV - $65,000)

2 bedroom 1 bath - $700/mo (ARV - $55,000) 

Gross Income - $2500 (ARV $215,000) 

Tax - $191/Mo Insu Est - $110/Mo 

Occupancy - Vacant. (Call for lockbox code and instructions) 

Give me CALL ASAP for showings!! 347-210-5974. 

Property address is

1216 Bilmark Ave

Charlotte, NC 28213

Property Details:

- 3 Bed 1.5 bath, 1150 Sq Ft.

- Brick Siding

- New Windows,

- HVAC/Gas

- Original Hardwood Flooring (Still Solid)

Purchase Price: $42,000 (FIRM) with an ARV of $85,000

Repair Estimate - $12,000

Total Inv. $54,000

Rents for $1,000/mo ($775/Yr Tax)

Occupancy: Vacant

This property have a fire damage in the kitchen area from a old stove. There are smoke damage on the walls on the kitchen and other rooms. The kitchen will need to be redone along with a few studs replace in the kitchen. The damage was only done in the kitchen but the bathroom and the other rooms are still in tack. There are no evident signs of structural damage and it has original hardwood floors.

This will make a perfect buy and hold with a great cash flow or a low end flip.

Please call me for showings. 347-210-5974

This is a great fixer-up located at 600 King James Ln, Gastonia, NC 28056 in a great up-coming neighborhood with lots of new developing houses on the good side of Gastonia. This property is almost 2000Sq ft and a 20 minute drive from Charlotte. (Feel free to drive the neighborhood). Great comps in the neighbour. The home has the potential to be converted to 4 bed.

Property Address: 600 King James Ln, Gastonia, NC 28056
Single Family Residential Beds 3 Baths 2.5
Floors 2 Year Built 1977
Total Sq. Ft. 1,955
Fix n Flip Repair Estimate to be - $50,000 - $60,000.

After Repair Value = $160,000
REPAIR Est. = $50,000 - $60,000

SPECIAL PRICE - ONLY $55,000

Property Details: This is a 3200 Sq Ft 5BED 4.5 Bath property built in 2005.

Exit 36 off 77, this property is within 5 minutes proximity from Lake Norman. Property is sitting by a lake which will bring a lot of value. Only had one owner and built in 2005. Tenant is currently occupied by tenants

Property mostly needs updating. No major repairs.

Handyman or Investors Special. (Wholesale Deal)

FINANCIALS
RENT = $750/Mo
TAX: = $30/Mo
INSUR = $25
CASHFLOW = $8,340 yearly
2751 FAIR OAKS DR, GASTONIA, NC 28054

Property Details: This is a 1140Sq Ft 3BED 2 Bath property built in 1922. Exit 21 off I-85, this property is within close proximity to multiple businesses including the Hospital and the Mall which will make a great rental.

Estimated Repairs = $12,000 or less (Roof, Ceiling, Sidings, Dry Wall, Paint)

Just $21,000
CASH SALE ONLY!!!!!

Glen

347-210-5974

Property is in a great neighborhood sitting on a corner lot. It is one of the better looking properties in the neighborhood. This house is well maintained only need updating on the inside.

209 DONNA AVE, GASTONIA, NC 28052

Details:
Single Family (CORNER LOT)
3 Bed 1 Bath
1425 Sq
Build in 1974
Heating: HVAC
Exterior: All Brick

PROFIT POTENTIAL
Repair Estimate = $6,000 - $8,000 (All Cosmetics, Windows, Doors, Carpet, etc)
ARV = $120,000 (BASE ON RECENT COMPS)

SPECIAL PRICE
$79,000

Glen A
CELL: 347-210-5974
E: [email protected]

Address: 2423 S York St, Gastonia, NC 

We renegotiated this one for you. Listed on the MLS for $89,000 but manage to get a great deal with the seller for you at only $49,900.

These properties are in great condition, two properties already have new carpets. See photos.

Click to see more pics

Details

3 houses sitting one 1 parcel. Houses are currently vacant.

Potential Cashflow (Conservative)

3bed 1bath - 1100 Sq- Rents for $650

2Bed 1 bath house 700 sq.ft. - Rents for $500

1Bed 1bath third house 535 sqft - Rents for $400

Total Cash Flow at $1,550

Monthly Taxes = $161

Insur. Est. = $80

Repair Est. = $10,000.

Total Investment $60,000 (ARV = $125,00)

Price to sell ONLY

$49,900

Glen 

Property Acquisition Manager.

OFFICE: 704-750-9065

CELL: 347-210-5974

E:

Property Address: 915 Davis Ave, Gastonia, NC 

Right in the heart of Gastonia. Lots of growth in this area. Two (2) minutes away from East Ridge Mall and walking distance to literally everything. This will make a perfect Flip or Buy and Hold with proven rental history from previous owner. With so many businesses in a 2-5 minutes walking distance this will make a perfect Buy n Hold with opportunity to increase rent due to the demand in this area.

Features:
Type: Single Family
3 Bed 1 Bath
Size: 1104 Sq. Lot:
Year Built: 1930 Heating: Forced Air
Exterior: Vinyl

Repair Estimate $4,000k -$6,000
Pressure Wash, Deck, Paint, Carpet, Gutters, Sidings, Windows, Doors, Cupboard. (Already have a HVAC Unit)

RENTS FOR $750/Mo

SPECIAL PRICE ONLY
$29,900

TOTAL INV = $36,000 CAP RATE (20%)

AFTER REPAIR VALUE (ARV) = $60,000

NO SELLER FINANCING! CASH PURCHASE ONLY!!!

CONTACT
ELAIR PROPERTIES, LLC
GLEN
704 750 9065

[email protected]