Wholesale Investment Property – Development Opportunity

To see more details and photos on the property please check the link:https://www.realestateacquisitions.co/property/64-morris-blvd-manahawkin/ All Properties are normally sold within fourteen days from the date listed. Please check the status of the unit with us before beginning research on properties older than fourteen days. This listing details is Strictly for Real Estate Acquisitions Co. Investors and associates only. 64 MORRIS BLVD. MANAHAWKIN, NJ 08050 This investment opportunity assumes that the current house on this property will be demolished and a new house will be built. Wholesale Price: $275,000 Building Cost: $285,000 Holding Cost: $30,000 Closing Cost: $7500 Sales Cost: $37250 Total Initial Investment: $634,750 After Repair Value: $745,000 – 775,000 Projected Net Profit: $110,250 – $145,250 Property Info – of the potential rebuild Building Type: SINGLE FAMILY RESIDENCE Bedrooms: four Baths: 2.5 square feetage: 2280