- This topic has 0 replies, 1 voice, and was last updated 5 years, 3 months ago by Randy Quay.
March 10, 2017 at 7:08 am #6224Randy QuayGuest
>> 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.
308 Ash St.
Keene, Tx. 76059
This is right outside of Cleburne
Estimated ARV – $90,000
Current Rent – $750
Estimated Market Rent – $995
Estimated Rent Repairs – $5,000
Price – $65,000
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
3 Bedrooms / 2 Bathrooms
Living sf – 1,262
Yr Built – 1955
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.
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.