Another great deal from Bluegrass Investment Properties. This property can be your next flip project. Our deals typically don't stay available for more than just a few hours. If you are a serious investor, you should call now for an inspection! Call Clark @ (859) 321-6618
A great investment opportunity in Southpoint subdivision. A 4 bed, 2 1/2 bath split foyer with a walk-up basement and a two car attached garage. Immediate access to Nicholasville Road creating an easy path to Man O War, Nicholasville, Fayette Mall and The Summit at Fritz Farm.
I will be holding an OPEN HOUSE on Friday, February 9th from 2-4 pm. An open bid process will take place at the same time.
FIX & FLIP
After Repair Value = $225,000
Purchase Price = $143,000
Rehab = $35,000 (Flooring, Paint, Misc. Repair/Upgrade)
Closing = $2,860 (2% Purchase Price)
Total Investment = $180,860
Spread = $44,140
Holding Cost = $5,426 (Based on 90 day sale @1% per month)
Real Profit = $38,714
Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by Bluegrass Investment Properties LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require proof of funds, $2,000 non-refundable earnest deposit and 10 day close of escrow. No waiting for a response. We respond immediately to an offer.