Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $200,000-$225,000
• Estimated Rehab: $20,000-$35,000
• Comparable Rent: $1,300
• Construction: Frame
• Occupancy: Tenant Occupied/Month to Month
• Comp 1: 390 El Matador Trl - 3/2 with 1,386 sq/ft - Outdated Rental Condition - Sold 05/2022 $264k! (sold in 7 DOM)
• Comp 2: 546 Tampico Cir - 3/2 with 1,391 sq/ft - Outdated Rental Condition - Sold 05/2022 $225k
• Comp 3: 382 El Matador Trl - 3/2 with 1,450 sq/ft - Minor Update - Sold 01/2022 $199k (investor bought for $110k)
• Comp 4: 406 Tampico Way - 3/2 with 1,000 sq/ft - Clean Rental Condition - Sold 04/2022 $186,600
• Rehab Description: For a rental, the roof will need replacing. Drywall repair and patchwork will need repair. For a flip, replacing the roof, updating the flooring, both bathrooms, and fixtures should be done. Interior/exterior paint will need applying and minor landscaping to boost curb appeal.
• Features: Located in West Pensacola in the neighborhood of Perido Bay, this 3 bedroom, 2 bathroom home features a finished garage adding 300 additional square feet, a screened in porch, and a large fenced in backyard. Don't miss out on this dual threat opportunity to buy and hold or fix and flip!
• Important Details: BASE AREA - 1,307 sq/ft; GARAGE FIN - 300 sq/ft = 1,607 total finished square footage.
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab