Cleburne (Keene) Tx. 75248 – 3/2 Occupied Rental

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    Randy Quay

    Please contact Randy Quay directly:
    [email protected]
    http://www.homewoodproperties.com
    214-586-4000

    >> IMPORTANT INSTRUCTIONS – PLEASE READ <<

    Please provide your full name and phone number. We have a tenant occupied property coming up, but don’t have access yet.

    Please review the information below and let me know if you have an interest in seeing it and potentially buying it once we have access.

    The property is tenant occupied – PLEASE do not disturb the tenant.

    Thank You!

    Address
    308 Ash St.
    Keene, Tx. 76059
    This is right outside of Cleburne
    (Kilpatrick Subdivision)
    Johnson County

    The Numbers
    Estimated ARV – $90,000
    Current Rent – $750
    Estimated Market Rent – $995
    Estimated Rent Repairs – $5,000
    Price – $65,000

    Requirements
    Cash or hard money only
    $5,000 non-refundable deposit
    Buyer pays all closing costs
    Property to be sold as-is
    Close Date: 3/16/17

    Currently tenant occupied month to month at $750 per month. There is currently no written lease agreement. Buyer will inherit current tenant and can give them 30 days notice. We believe tenant wants to move anyway. No security deposit. No pets.

    Please Do Your Own Due Diligence Before Signing Contract

    Details
    3 Bedrooms / 2 Bathrooms
    Living sf – 1,262
    Yr Built – 1955
    Brick
    A 4th bedroom addition has been started, with the floor, walls and roof, but has not been finished out. This is not included in the sf.

    Repair Estimates
    TBD. I have not seen the inside and do not have any interior pictures. I have been told that for a new tenant, repairs should not be more than $5,000.

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