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

[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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