Wholesale: Lake Hills Rehab (sold)

Seattle Investors Club Investment Deal

Lake Hills Area (Bellevue) – 1 story w/basement / Full Rehab

IMPORTANT NOTE: HOME IS OCCUPIED – DO NOT DISTURB

Access Available this Monday 10/19/15 at 10:00am – 11:00am. You must call or text to RSVP – No Exceptions!

Lake Hills Rehab Details:

Address:
121 152nd Pl SE
Bellevue, WA 98007
Year Built: 1962
Beds: 4
Baths: 1.75
Sq/Ft: 2,020 (1,010 SF up / 1,010 SF down)
Price: $390,000 including assignment fee
Estimated Rehab Cost: $75,000 – $80,000
Estimated After Rehab Value: $569,950 +

Rehab COMPS: Click here
Rehab PHOTOS: Click here

Details: 2,020 SF 1 story w/basement, hardwood floors up, full rehab required. Double pane windows up and older windows down. Potential for great curb appeal – come and get it!

Deal Summary:
Needs full remodel, and money spent on landscaping & curb appeal. Medium level finishes may work to put house back together without “blinging” it out. Make the backyard look good.
Seller has gutted the kitchen and downstairs with the intention of doing upgrades that never got done. Currently 2 bedrooms and 1 full bath up and potential for 2 bedrooms and existing .75 bath down. Two fireplaces. Needs roof, windows down (save upstairs windows?), needs a fair amount of drywall. Electrical panel looks OK. Buyer to confirm their own rehab numbers.

Additional Info:
– Earnest Money is $5,000 payable to Seattle Investors Club LLC upon assignment (reimburse)
– Closing Date 11/17/15

For Showings Contact:

Veristone Term Info for Lake Hills deal

*Get qualified by contacting Travis Wandell – 425-503-3897 – travisw@veristonecapital.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.