Single Family Residence

COE: 9/27
2 bed 2 bath
SQFT: 810
Yr built: 1971
Lot Size: 7.41 ACRES
Title: Teema Title
Notes:
Has a detached 2 car garage
House needs some work, but in good condition, seller is a structural engineer.
7.41 Acres of land
Driveway is dirt currently
15 mins from Dollywood
45 mins to knoxville
Access: By appointment

Comps:
1469 Red Cedar Way, Sevierville, TN 37876– SOLD – $560k – Not rehabbed – .35 acre lot
2937 Bear Mountain Ln, Sevierville, TN 37876 – SOLD – $620k – (new build comp) – .53 acre lot
1535 Mountain Trail Ln, Sevierville, TN 37876 – SOLD – 1.25 million – (new build comp) – 1.19 acre lot

Wholesale Price: $399,999
ARV: $530,000

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Disclaimer:
House is being sold as-is, and the buyer is to pay all closing costs. 5K EMD. Non-Refundable earnest money to be deposited within the same business day contract is executed or the contract will be canceled. Buyer must close with cash or a hard money loan.

The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence.
Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer’s responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value.

REALTORS:
If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.

WHOLESALERS:
If you’d like to JV on this deal send us a text message, email, or call to let us know you are going to be sharing our deal with your investors.