🧱 Brick 3BR/1BA – Valdosta, GA | $20,000 Assignment | ARV $115K

3 Beds / 1 Baths • 1,040 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1961
  • 1040
  • 2585
  • No Garage

Description

Property Snapshot

  • ~1,040 sq ft | 3 Bed | 1 Bath
  • Solid Brick Exterior – long-term durability
  • Hardwood Floors – refinish for instant value
  • Central A/C
  • Metal Roof (1961) – proven longevity

Location Perks

  • Near Pinevale Elementary, Newbern Middle, & Valdosta High
  • Close to shopping, dining, and parks
  • Family-friendly area with strong rental and resale demand

Investment Highlights

  • Price: $20,000
  • ARV: $115,000
  • Gross Margin: $95,000
  • Rehab Estimate: $40K–$43K (light/medium cosmetic)
  • Projected Profit: $30K–$40K+ (after holding & selling costs)

Value Add Potential:

  • Fresh paint + refinish hardwood floors
  • Kitchen & bath updates
  • Curb appeal upgrades (paint, landscaping)

Why It Works:

✅ Brick + Metal Roof = Low-risk major systems

✅ South Valdosta = Growing demand & family buyers

✅ Affordable price point = Fast resale potential

Exit Strategy

  • Retail flip to FHA/Conventional buyer
  • Ideal for first-time homeowners or downsizers
  • Light rehab = quick turnaround

Terms

  • Assignment of Contract
  • As-Is Sale | No Contingencies
  • Earnest Money Deposit: Non-refundable
  • Buyer pays all closing costs
  • No wholesalers / No daisy chains

Contact

📞 Shaun Holyfield – 850-353-3661

📧 Ray Morgan Real Estate LLC

First qualified buyer with EMD secures this deal.

Estimated Spread

  • ARV $115,000
  • Price $20,000
  • Spread $95,000