Wholesale Opportunity! 3601 38th St

Wholesale Opportunity! 3601 38th St


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This is great off-market flip opportunity in a central Lubbock neighborhood where several homes are being rehabbed. My repair estimates are based on reworking some of the floor plan, updating the kitchen and bathrooms, and other cosmetic updates. Most of the house does have the old school hardwood floors that could be refinished to really impress potential buyers. The owner is having the entire roof replaced.
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3/3/2
2,120 sf
Built 1955
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After Repair Value:    $140,000
Est. Repair Costd:      $30,000
Price:                            $79,000
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Take a look at the attached wholesale packet for more details and click the link to view pictures of the property. My deal analysis assumes a six month hold time, 6% interest on your money, and accounts for holding costs.
 
WS Package: https://www.dropbox.com/s/pyogss6skoxdj7z/3601%2038th%20St%20Wholesale%20Package.pdf?dl=0
Pictures: https://www.dropbox.com/sh/26v7awnm1ey4u94/AAD95CxYoRtbhDFXkll9sCj6a?dl=0
 
PROPERTY CAN BE VIEWED BY APPOINTMENT ONLY. DO NOT DISTURB THE OWNERS.

 

photo

Jeremiah Phillips
Harmon Blue, LLC

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