Wholesale: North Bend 4.33 Acres

Seattle Investors Club Investment Deal brought to you by Scott Badger of the Duke Young Team.

Contact Scott Badger for showings – 206-402-8518 – scottbadger@windermere.com

Real Estate Details:

Address:
16422 426th Way SE
North Bend
Beds: 1
Baths: 1
Sq/Ft: 1,000
Lot Size: 4.33 acres
Price: $385,000
Estimated Rehab Cost:
$80,000 – Barn ONLY
$650,000 – Main House Plan
Estimated After Rehab Value:
$1,500,000-$1,750,000 – If you update barn & build the main house (see Main House Plan)

Site Plan: Download here
Barn Plan: Download here
Main House Plan: Download here – This house would cost about $650,000 to build.

COMPS:
Comp #1 – Sold
Comp #2 – Sold
Comp #3 – Active
Comp #4 – Active

PHOTOS: Click here

Deal Summary:
Currently the property has this “barn” on it that needs approximately $80,000 worth of rehab. Barn has approximately 1,000sf one bedroom living area on upper floor with Viking kitchen. There are plans for a 5,000sf main house to be built as well.

Additional info:
Earnest money:
Closing: 7/31/15

For Showings Contact:
Scott Badger
Real Estate Broker
Duke Young Team
206-402-8518
scottbadger@windermere.com
www.dukeyoung.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.