๐ ๏ธ ๐ฅ Investment Opportunity in the Scenic Heights neighborhood of Pensacola, FL at an Unbeatable Price!
๐ Property Highlights:
Incredible Value: 60% of After Repair Value (ARV 280k)!๐
๐ธ Rental Potential: $1700-1800 ๐ธย
Debt Service Ratio 1.21 and a 9 CAP in a class A/B neighborhood.
Off-Market Gem: Grab this deal before it hits the market! ๐
HOA: None ๐ซ
Location: Situated on the very active Scenic Heights Subdivision, in Pensacola FL๐ด
Lots of flips and rental activity in that area, plenty of opportunity to serve the housing demand.
๐ต Asking Price: Just $168,000: A steal for savvy investors! ๐ท๏ธ
๐จEstimated Rehab: ~18-35Kย costs will vary with every investor
๐NEW!!–
โ Roof
โ HVAC
๐ก Needs —
๐ง Kitchen remodel. Move W/D to the garage
๐ช Could use: paint and flooring throughout
๐Photos
๐กComps:
3811 Forest Glen Dr 4/2 1539sqft SOLD 9/23 $305K ($203/sqft) Fully Remodeled
5671 Leesway Blvd 3/2 1400sqft SOLD 4/23 $314K ($232/sqft) fully remodeled w/ a pool
4295 Bonway Dr 3/2 1324sqft SOLD 11/23 $260K ($200/sqft) AS-IS
5850 Adelyn Rd 3/3 1460sqft SOLD 1/24 $290K ($201/sqft) AS-IS
ย ๐ View Our Buying Process
๐ฃAttention Investors!
This is your chance to get into Scenic Heights without a lot of work to do. Could be a turn-key rental to maximize that ROI or go in for a full remodel and collect upwards of $50K!!
#RealEstateInvesting #FixAndFlip #PensacolaRealEstate #OffMarketDeals #HighReturnInvestment #CashFlowProperty #InvestmentOpportunity