Courtesy of: Ashley Smith, District Realty LLC, AshleySmithRE@gmail.com
Courtesy of: Ashley Smith, District Realty LLC, AshleySmithRE@gmail.com
$89,000
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1 bed
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668 square feet
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1.00 Bath (1 Full)
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Lot: 6.22 Acres
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Condominium
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$89,000
3629 W Northgate Drive 137 ** INVESTOR ALERT - Value-Add Opportunity ** Cash buyers & hard-money investors, this is the kind of opportunity that deserves a 2nd look. This condo is priced to move & offers multiple ways to create value through a targeted remodel. With an estimated ARV of approximately $125k; a remodel quote of only $15-$17k, the upside is compelling! Offered at more than $50, 000 below appraised value, now you can create attractive opportunity to renovate, reposition, & build equity. Investor exit strategies may include a resale, traditional lease, furnished monthly rental, or-subject to HOA rules, city regulations, and applicable platform requirements-a short-term or extended-stay rental strategy. Nearby 1-bedroom, 1-bath condos in the same neighborhood have reportedly performed at more than $104 per night on a consistent basis, providing a benchmark worth analyzing for investors considering furnished or hospitality-style use. A monthly furnished model may also appeal to traveling professionals, corporate tenants, relocating residents, & others seeking flexible housing without a traditional year-long lease. The value-add possibilities are wide open: update the interior, improve functionality and presentation, and choose the exit strategy that best fits your investment plan. Once renovated-and potentially as interest rates decline-this condo could be positioned for stronger resale demand & future appreciation. The HOA budget is minimal and includes water, sewer, trash, common-area maintenance, and access to a gorgeous private community pool-a valuable amenity for residents & a strong feature for rental marketing. This is not a turnkey retail purchase; it's an opportunity for an investor who recognizes below-market value & knows how to unlock it. Bring your contractor, verify the numbers, & move decisively. Priced to sell fast. Cash or hard-money buyers preferred. Schedule your showing & evaluate this flexible value-add opportunity before it is gone!
Courtesy of: Ashley Smith, District Realty LLC, AshleySmithRE@gmail.com
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