OFF MARKET BUY AND HOLD INVESTMENT PROPERTY IN CORPUS CHRISTI.
Address: 5813 Tanglewood Dr Corpus Christi Tx, 78412
As is value: 225k
Arv: 245k (Comps Attatched below)
Repairs If prefered: $15-20k
Asking: 175k OBO
Currently being rented at $1,325/mo
below market rent for the area/size home
$13,303/yr after taxes/insurance
Potential rent at the least amount $1,600/month
$16,603/yr after taxes/insurance
I do have proof of Taxes/insurance amount paid for 2023
Repairs: 15-20K if preferred
New roof 2/3 years old
3bd 1.5bth
Sqft: 1,630
Lot Size: 6,321
Im selling my equitable interest/assignment of contract
buyer pays all closing costs
Close Escrow: 5/17/2024
Thank you,
Sandy Norman
