Contract For Sale: W 16th St. NLR – Rent Ready Right Now Assigned

  • $42,450
  • 3 beds
  • 1.5 baths
  • 1487 sqft

Freshly cleaned, no repairs needed to rent. Property is in excellent condition.

Property will likely need a new roof soon and electrical panel needs an update.

ARV: $60K

Rehab: $5-6k (new roof and upgrade electrical panel)

Rent: $650-750

Sales Price: $42,450

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**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:
$42,450
Address:
W 16th St
North Little Rock, AR 72114
Square Feet:
1487
Bedrooms:
3
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1940

Call (501) 831-6919 for more details

Property Location