1. PROPERTY OVERVIEW AND HIGHLIGHTS
Property Overview: Type:
Price: $169,900
3bed / 1 bath
SFH Size: 1,320 sqft Lot size: 9,714 sqft
Manufactured Year: 1963
Property Highlights: Large Lot, with a detached garage that can be converted into a Casita.
Light repairs with approx less than $15-20K Comps sold between $225K and $301K (6 months comps)
2. REPAIRS
Repairs Needed: Light renovation with cosmetic repairs Estimated Repair Costs: $15K - $20K. Flooring, new paint, Casita can be renovated for an additional source of rental income. (depending on your exit strategy)
3. ARV BREAKDOWN
ARV - $255,000 based on Comps:
1623 North Bowie St, Sold for $225,000 on 1/13/2025.
801 E Krezdorn, Sold for $255,000 on 1/24/2025
1062 E Humphreys, Sold for $221,000 12/19/2024
622 E College, Sold for $301,000 on 11/26/2024.
Potential Rent Returns: $1500 to $1800 If with Casita built, can rent out for additional $1,000K
4. CONTACT INFORMATION
Call / text Alex Sanders,
Realtor. 210-281-1061
THIS IS AN ASSIGNMENT OF CONTRACT. FOR SALE IS THE EQUITABLE INTEREST.
-NON refundable EMD of $3,500-Viewing by appointment.-Must close by July 18, 2025.-End Cash Buyer only-Vacant - showing by appointment- Do not attempt to go to property without approval. Neighbors have been advise to look out for property.