Contract For Sale – 523 W 15th St. LR 72202 – Historic Flip in Governor’s Mansion/Quapaw Quarter Available

  • $234,500
  • 6 beds
  • 5 baths
  • 4824 sqft

The is a massive property currently configured as a 5 bedroom apartment with 5 kitchens. It could be converted back to a luxurious single-family with a big payday involved. There are 10 comps in the area to support the ARV.

Showing this weekend. You need to see if for yourself to see what’s happening in the neighborhood.

ARV: $475,000 – $575,000

Rehab: $150,000 – $250,000

Sales Price: $234,500

Contact me to coordinate a showing this weekend.

More Pictures

**Disclosure: We are in possession of an assignable Purchase & Sale Agreement that will allow us to purchase this property. We are offering the contract for purchase, as we hold an equitable interest in the contract. We may choose to assign at closing, or, double close. The price includes both the contract purchase as well as the original property purchase. Regardless, the closing process at the title company is the same as usual. We have already opened escrow and started the file, and intend to purchase this property whether we re-sale to you or not.

 

No conventional financing allowed. Cash, HELOC, or private lending only. We may consider an offer if you have a very cooperative hard money lender. Price is net to the seller, buyer pays all closing costs, property sold in as-is condition, the buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Agents, please add your commission to the price when marketing to clients. Wholesalers, please contact us if you have interested buyers. The opinion of value is given as a courtesy only, as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property. 

Price:
$234,500
Address:
523 W 15th St.
Little Rock, Arkansas 72202
Square Feet:
4824
Bedrooms:
6
Bathrooms:
5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1924

Call (501) 831-6919 for more details

Property Location