Investment Properties in Arkansas
CONTRACT FOR SALE
Shop out back is 880 sq ft (44×20); Home was in the process of renovation; Paint has been put on two bedrooms upstairs; Sunroom on the property; some of the removal of carpet, fixtures, etc have already been done for you; Carport for two cars; right off Reynolds Rd; Home needs repairs. Nice cozy place for a home buyer or seller financing option. 4 window units currently but has central heat/air.
Estimated Repairs – paint; floors; plumbing checked; bathroom upstairs remodeled; New HVAC; pest control; new fixtures; kitchen renovated; railings for the stairs; electrical done for lighting; landscaping; secondary building costs; some gutter repairs; some siding repairs; fencing around the property would be a plus.
ARV: $150,000
Estimated Repair Costs: $29,000.
Potential Rent After Renovation: $1,500.