INVESTOR SPECIAL – OAK FOREST!
PROFIT POTENTIAL: $100,000 – $250,000+
NOT IN FLOOD PLAIN!
LINK TO SALES COMPARABLES (COMPS): Comps & Info – 5117 W. 43rd
Video Walk-Throughs Available Below!
Multiple Offers Received. Highest & Best Offers Are Requested. If you really want the deal please call / text Freddy at 832-390-1445 to discuss.
5117 W. 43RD STREET, HOUSTON, TX 77092
3 BED | 1 BATH
LOT SIZE: 6,600 SF (.15 Acres)
YEAR BUILT: 1955
AFTER REPAIR VALUE (ARV): $375,000 to $500,000+
ESTIMATED REPAIRS: $65K+
MARKET (ARV) RENTAL RATE: $2,000/ Month
CASH PRICE: $189,990
The property will take a little bit of everything to reach the top of the market. Oak Forest is booming with new construction and is a highly sought-after area of Houston. This property can be renovated at its current footprint with the option of adding back the garage that once was. This may only result in a small change in overall after-repair value (ARV) but many buyers like to have a garage which may result in an ever lower days on market (DOM). Overall, days on market have been very low with a sales comparable average of only seven and one-half (7.5 ) days with one property only being on the market for one (1) day.
For ambitious investors who don’t mind spending a few extra months on this project, additional square footage could be added-on, to potentially amplify the profits even more. Some area homes with more square footage are selling right at $600,000. This could potentially raise profits to over $300,000!
ON THIS DEAL:
CASH OR HARD MONEY ONLY (NO SELLER FINANCE )
Please call or text Freddy 832-390-1445 or click below for more information or to make an offer.
OFFERED BY ASSIGNMENT OF CONTRACT
PROPERTY IS BEING SOLD AS-IS, AND BUYER IS TO PAY ALL CLOSING COSTS. NO REPRESENTATIONS WRITTEN OR ORAL ARE MADE CONCERNING THE PROPERTIES ABOVE. PRICE BASED ON A CASH OR HARD MONEY OFFER AND IS NET TO SELLER. ALL OFFERS ON PROPERTIES REQUIRE A $3,000 OR HIGHER, NON-REFUNDABLE EARNEST DEPOSIT AND HAVE AN AVERAGE 7 DAY CLOSE OF ESCROW. BUYERS TO DO THEIR OWN INDEPENDENT DUE DILIGENCE. INTEGRITY PRIME, LLC, WHOLESALE PROPERTIES HOUSTON AND/ OR THE ASSOCIATED MEMBERS OR EMPLOYEES MAKE NO GUARANTEES CONCERNING PROPERTY CONDITION, VALUE, CHARACTERISTICS OR FINANCIAL BENEFITS. NOT AN APPRAISAL. OFFERED BY DOUBLE-CLOSE OR ASSIGNMENT OF CONTRACT. WE MAY NOT HAVE TITLE TO THE PROPERTY AND MAY PLAN TO HAVE TITLE AT A FUTURE DATE. IF WE DO NOT HAVE TITLE AND DO NOT PLAN TO HAVE TITLE, WE ARE MARKETING OUR EQUITABLE INTEREST IN THE PROPERTY. THE EQUITABLE INTEREST IS AN EXECUTED PURCHASE AGREEMENT TO PURCHASE THE PROPERTY. INTEGRITY PRIME, LLC, WHOLESALE PROPERTIES HOUSTON AND/ OR THE ASSOCIATED MEMBERS OR EMPLOYEES DO NOT REPRESENT YOU OR ANY OTHER PARTY OTHER THAN INTEGRITY PRIME, LLC OR WHOLESALE PROPERTIES HOUSTON IN THIS TRANSACTION. EQUAL OPPORTUNITY HOUSING. ONE OR MORE MEMBERS OR EMPLOYEES OF INTEGRITY PRIME, LLC AND/ OR WHOLESALE PROPERTIES HOUSTON ARE LICENSED REAL ESTATE AGENTS IN THE STATE OF TEXAS.