Flatwoods KY | MID REHAB RENTAL | ASK 40k ARV 135k RENT 900

2 Beds / 1 Baths • 1,288 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1288
  • 16117

Description

🏠 Assignment Opportunity – Flatwoods, KY

Assignment Price: $40,000 + CC

Estimated ARV: $135,000

Projected Rent: $900/month

Exit Strategy: Buy & Hold

📍 Property Details

Address: 320 Powell Ln, Flatwoods, KY 41139

Type: Single-Family Home

Year Built: [TBD]

Square Footage (Building): 1,288 sq ft

Square Footage (Land): 16,117 sq ft

Beds / Baths: 2 Bed / 1 Bath

Occupancy: Owner Occupied

Parking: Uncovered Driveway

🛠 Rehab Overview

Scope:

  • Full rewiring
  • Flooring replacement
  • General interior updates

Big Six (per current info):

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

🏡 ARV Comparables
  • 1713 Callihan St — $168,000 | 4/1 | 200 sq ft larger
  • 707 Elita Ln — $140,000 | 3/1
  • 2318 Oak St — $135,000 | 3/1 | Not updated

📞 TEXT OR CALL BEVANS LLC FOR A SHOWING TODAY: (512) 713-0085

Property Sold As Is | EMD OF $2,500

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving 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 attempts to renegotiate or make contact with the owner will result in legal action.

Estimated Spread

  • ARV $135,000
  • Price $40,000
  • Spread $95,000

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