Really nice rental investment property for sale in Fayetteville, NC: – 1855 STANBERRY ST.
This property is 960 square feet and has 3 bedrooms and 1.0 baths. The total land/lot size of this property is 7,405′ sq ft. Needs a bit of landscaping and minimal paint and upgrades…for about 55% off retail!!!
The COMPS on this house and property came in at a solid $77K to $85K = ARV – Retail.
There is an incredible CAP RATE on this one that comes in at 14.92% with the purchase price and taking into consideration a light $5K update, cosmetics and some landscaping. Rents @ $750.00 mo.
A TREMENDOUS addition and money maker for you Landlords!!!
Rehabbers: If you bought it for a Fix n Flip, with the minimal ($5K to $10K) rehab needed, a potential $25K to $30K profit on re-sale can be obtained VERY easily, if resold even at a $75K retail price.
An absolute WIN – WIN….regardless of exit strategy.
This is one of our “OVER THE TOP” money makers for you.
Please note: The title search, title policy and closing docs have already been completed and/or prepared, and are in place at our closing attorney already. (Roper & Taylor, P.A.- Raleigh, NC.)
The easiest closing for you!
Serious investors ONLY please. Our last one sold in less than 2 days! Please hurry and contact us if interested. We can close this one by 06/09/20.