206 Woodside Rd, Greenville, NC 27834
Great opportunity in Greenville, NC.
This Greenville home consists of 3 beds, 2 bath, 1,344 sqft of living space on a 0.26 Acres Lot. Don’t miss out on this great opportunity!
Investment and Property Details
At StrandPark Properties, we believe in creating win-win opportunities. By allowing our clients to sponsor rehab projects, we not only share the financial success but also foster a collaborative partnership. While we have the resources to fund these projects ourselves, we value the insights and involvement of our clients. This unique approach allows you to earn 60% return on your investment when the property is flipped, making it a lucrative opportunity for everyone involved. Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$105,000
After Repair Value:
$230,000
Investment Duration:
32 Days
Return on Investment:
60%
Rehab Cost
$30,150
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $215,000 and has made a 20% non refundable deposit towards the ARV.
Security
Rock-solid, legally binding joint venture agreement guaranteeing your investment return and protection regardless of project outcome.
Lead Contractor
Oscar Gallego
Property Details:
- Size: 3 beds, 2 bath, 1,344 sqft
- Lot: 0.26 Acres Lot
- Year Built: 2002.
Rehab Cost Breakdown
I. Exterior:
- Roof Replacement: ($4,500).
- Repairing leaks, replacing damaged shingles or roofing material, addressing structural issues.
- Siding Replacement: ($1,550).
- Replacing aesthetically unpleasing siding.
- Windows Replacement: ($300)
- Replacing old, inefficient windows to improve energy efficiency and aesthetics.
- Doors Replacement:
- Replacing worn-out doors for both interior and exterior access.
- Skirting Replacement: ($5,000)
- Replacing damaged skirting around the base of the mobile home for aesthetic and protective purposes.
- Landscaping: ($4,000).
- Clearing debris, planting new grass/sod, shrubs, and flowers, adding mulch, potentially addressing drainage issues.
II. Interior:
- Kitchen Remodel: ($3,000).
- Replacing cabinets, countertops, sink, faucet, and potentially appliances. Painting walls and updating lighting.
- Bathroom Remodel: (3,000).
- Replacing vanity, toilet, shower, flooring, and fixtures. Painting and updating lighting.
- Flooring Replacement: (1,500).
- Replacing old carpet, vinyl with new, more durable, and aesthetically pleasing options.
III. Miscellaneous/Ancillary:
- Deep Cleaning: ($3,000)
- Thorough cleaning of the entire property before and after renovation, including addressing any odors or sanitization needs.
- Painting: ($2,300)
- Painting all walls, ceilings, and trim.
- Debris Removal: ($2,000).
- Removing all construction debris and any existing junk from the property.
Total Rehab Cost: $30,150