This is an incredible REHAB project with as ARV of $1,295,000. Cost of Rehab, $350,000 (Equity=$420,000. Call for Info.
This 1/2 Acre lot with Waterfront House and Dock is for sale in NW Bradenton.
This is the best house deal on the Manatee River in the most affluent family
area of NW Bradenton. The home is in move-in condition but should be renovated
to bring it to potential valuation. The house was recently appraised at $699,000 with an
After Rehab Value (ARV) of $1.235,000.00 as per the attached renderings. I will assign
the purchase contract to you for the house for $525,000 under the following items:
I will assign the contract to you with a $230,000 cash down payment. A 1st mortgage will
be carried for $295,000 @5% APR for 12 months (one year) with a balloon payment for the entire amount all due in 12 months, no monthly payments due.