💥 TURNKEY condo in O’Fallon for 65% ARV 💥

Description

Contract for sale on very well maintained condo in the one of the hottest markets, O'Fallon!

The property is near Turnkey but could benefit of a lipstick renovation to reach full after repair value (ARV).

Similar Condos have sold between 175k-200k in the last 12 months.

Of note, the HOA dues are 490/month as new Roofs, new driveway, new paint and new Common Halls carpets have been / currently being installed.

Also included in monthly fee is lawn care, snow removal, trash, water, & ALL amenities (Pool, Play area, and walking trails).

This one is an absolute steal!

📍Address: 18 Homefield Gardens Dr, O Fallon, MO 63366

Suggested price: 118,000

🎢 After Repair value: 175,000 min - 200,000 Max

💵 Great investment opportunity to flip or hold long term

📸 Click for 150 PICTURES and VIDEOS

🔎  We are serious about transparency and want our investors to make well informed decisions.

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 Property info:

2bd  2 Bath

Main floor is 1088 sqft

Attached car garage

In unit Laundry hookups

Please consult the walkthrough report linked above for questions on the condition of the home and repairs needed.

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SHOWING: Submit your verbal offers! Our top 4-5 verbal offers will attend a one time showing. Verbal offers/ offers submitted through website are assumed contingent on walking and Confirming property condition.

CLOSE OF ESCROW:  June 17 with True Title

VACANT AT CLOSE

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TERMS OF SALE:

1. This is a Cash or Hard Money AS - IS sale. NO other kinds of offers will be considered.
2. EMD $3000 due within 24 hours of accepted offer or the contract will be void. A property is not considered under contract until the EMD has cleared and all contingencies removed. EMD policy is non negotiable.
3. Title is guaranteed to be clear or EMD fully refundable.
4. Property available for viewing only during previously scheduled viewing time.
5. Non Circumnavigation: Any attempt to contact the seller without our consent will result in legal action and $10000 minimum settlement.
6. Proof of funds letter and Pre-approval letters are required for offers to be considered.

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Disclosures:

The buyer acknowledges that they are not relying on any representations, whether written or verbal, concerning the property. The price reflects a cash or hard money offer and is net to the seller. Buyers are expected to conduct their own independent due diligence, including evaluation and inspection, before making an offer. Determining the property’s value is solely the buyer’s responsibility. Any mention of property value and Rehab estimations by the seller or their representatives is as a courtesy and only an opinion. Perspectives on value, as is and after repair value (ARV), construction costs, material quality, workmanship, and market conditions vary based on personal opinions; thus, it is essential that the buyer carefully assess market value.