This REALLY NICE Harrah flip OR rental opportunity has a lot of great potential. It won’t last long!!
ARV: $131,000
Repairs: $6k – $14k
Price: Only $79,700!!
House Features:
- Good margin to get the most $$ out of a flip
- Simple rental grade rehab for easy Cash Flow!
- End buyer/tenant will love the Elementary Schools that have a 9 out of 10 ranking (Zillow)
- Only owner since house built
- Growing area, next to Choctaw:
- Eastern Oklahoma County turnpike project expected to increase house values
- Great school district
- “Waiting List” type rental area
- Almost an acre lot
- Above ground pool
- Roof replaced in 2014
- AC unit replaced in 2014
- House is currently on the city sewer line. Also, there is a septic tank available, if needed
- The house is all electric. In addition, has gas lines already installed, if wanted to connect
Potential Repairs:
(Repairs will vary on level of remodel. See comps below for reference.)
- Carpet and paint
- Kitchen is dated, but functional
- Clean up bathtubs and
- Bathrooms are dated, but fuctional
Comparables:
(Click links, to see details of each comparable.)
| Subject Property | Bd/Ba | Sqft | Asking Price | |
|---|---|---|---|---|
| 20582 Prairie Hills Dr | 3/1.75 | 1,446 | $79,700 | |
| Comp Address | Bd/Ba | Sqft | Sold Price | Sold Date |
| 387 Harvest Hls | 3/2 | 1,365 | $135,000 | 10/16/18 |
| 20400 Crooked Oak Dr | 3/2 | 1,483 | $140,000 | 7/5/2018 |
| 441 Crooked Oak Dr | 3/2 | 1,228 | $121,000 | 1/03/2019 |
| 20200 Timberidge Rd | 2/1 | 1,119 | $120,000 | 7/26/2018 |
Current Occupancy: Occupied (Please do not disturb tenants)
Asking Price: $79,700
Call us at 405-254-0212 to view this great property!
Or send offers to info@OKCPropertyBuyers.com
Status: Property under contract by OKC Property Buyers, a principal party in a valid and assignable Purchase and Sales Agreement; which allows us to purchase the property. The decision has been made to offer this Purchase and Sales Agreement to another cash buyer and allow them the opportunity to buy this house. New Buyer will be assigned the contract to close and price includes the assignment fee to OKC Property Buyers, LLC.