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Wholesale: Bremerton Real Estate (Fix & Flip or Teardown)

November 11, 2015 By Seattle Investors Club Leave a Comment

Deal Analysis NOT verified by Seattle investors Club!

This is a Bremerton real estate deal by Jacob Weaver of Blink Equity Group, LLC. Call or Text Jacob at: 206-981-3888 to view this opportunity.
Bremerton real estate blog pic

Bremerton Real Estate Details:

Address:
360 NW Rhododendron Dr.
Bremerton, WA 98312

Beds: 3
Baths: 2
Square Feet: 1,440
Purchase Price: $50,000
Estimated Rehab: $50-60k – Low end finishes are appropriate for neighborhood
Estimated ARV: $150,000 (rehab), $200,000 (new build)

*Need financing? Click here for Veristone term sheet.


Rehab PHOTOS: Click here
Rehab COMPS: Comp 1, Comp 2, Comp 3

Bremerton Real Estate Details:
Option 1:
Full Rehab down to the studs. Needs new flooring, sheetrock, kitchen update, bathroom update, clear blackberry bushes and ivy in yard, trash out, roof, pressure wash exterior, gutters.Low end finishes should be used for this area. Septic has been inspected SAT in 2013 and new septic distribution box was replaced in 2014.

Option 2:
Remove existing manufactured home and replace with new manufactured home.

Option 3:
Remove existing home and build new spec home.

Additional Info:
Earnest money: $2500
Closing date: December 21, or sooner. Seller is ready to sell. Earlier closing is desired by seller if possible.

Please send your questions to:
Jacob Weaver
tel:206-981-3888
blinkequitygroup@gmail.com

DISCLAIMER: Buyers may not rely on this information and must do their own review of all the numbers and information in regards to this property.

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