Cannon KY | LIGHT REHAB FLIP | ASK 90k ARV 155k

3 Beds / 2 Baths โ€ข 1,456 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 2009
  • 1456
  • 348480
  • No Garage

Description

๐Ÿ  Assignment Opportunity โ€“ 52 Coon Ridge Road, Cannon, KY 40923

Assignment Price: $80,000 + CC

Estimated ARV: $155,000

Exit Strategy: Flip / Wholetail

๐Ÿ“ Property Details

Address: 52 Coon Ridge Road, Cannon, KY 40923

Type: Single Family Home

Year Built: 2009

Square Footage: 1,456 sq ft

Lot Size: 8 Acres

Beds / Baths: 3 Bed / 2 Bath

Occupancy: Owner Occupied

Parking: Driveway

๐Ÿ›  Rehab Overview

Rehab Scope:

  • Property in very good shape
  • Light cosmetics only
  • Strong wholetail opportunity

Big Six:

  • Roof: No known issues
  • Foundation: No known issues
  • HVAC: No known issues
  • Electrical: No known issues
  • Plumbing: No known issues
  • Hot Water Heater: No known issues

๐Ÿ“ Property & Deal Notes

โœ… Great conditionโ€”minimal work required

โœ… Large 8-acre parcel

โœ… Strong appeal for wholetail or light flip

โœ… Limited comps, but available sale supports ARV

๐Ÿ“ž TEXT OR CALL BEVANS & BOMBICH LLC FOR A SHOWING TODAY: 737-399-2575

PROPERTY SOLD AS IS | EMD $2,500

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller granting this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempt to renegotiate or communicate with the seller directly will result in legal action.

Estimated Spread

  • ARV $155,000
  • Price $90,000
  • Spread $65,000