Waldo AR | 2 Properties: FULL REHAB FLIP | ASK 45k ARV 300k

6 Beds / 4 Baths • 1,652 SqFt
Offer Submission Deadline
  • Single Family House
  • 6
  • 4
  • 1940
  • 1652
  • 174240
  • Attached Garage

Description

Assignment Opportunity – 301 and 303 South Locust, Waldo, AR 71770

Assignment Price: $45,000 + CC

Estimated ARV: $300,000

Exit Strategy: Flip

Property Details:

Address: 301 and 303 South Locust, Waldo, AR 71770

Type: Single Family Homes

Year Built: 301: 1940 303: 1947

Square Footage: 301: 1,652 sq ft 303: 1626 sq ft

Lot Size: 2 acres for each address, 4 total acres

Beds / Baths: 3 Bed / 2 Bath (each, 6/4 total)

Occupancy: Vacant

Parking: Driveway

Rehab Overview:

  • Full remodel required for both properties — ideal for an investor seeking a package deal
  • Central air and mechanicals functional to best of knowledge
  • Remaining work: complete interior/exterior remodel, including kitchen, baths, flooring, paint, and updates as needed

Big Six:

  • Roof: To be inspected/verified
  • Foundation: No known issues
  • HVAC: Functional
  • Electrical: To be inspected/verified
  • Plumbing: Functional
  • Hot Water Heater: No known issues

Property & Deal Notes:

  • Package deal for two adjacent single-family homes
  • Repairs estimated at $50-60k per property
  • ARV of $150k each for total potential of $300k

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

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 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 $300,000
  • Price $45,000
  • Spread $255,000