$55K+ Gross Profit Potential with Off-Market Zimmerman House Sold

Comps to Consider:

Most of these comps do not have a Po-Barn on site

Zimmerman Property Details

Conveniently located minutes from Hwy 169, 5 minutes from downtown Zimmerman, Less than 10 mins  to Elk River, and only 20 minutes to I-94 at Rogers. 

>> MORE PHOTOS HERE <<

Pros:

• Good size Po-Barn (2007) and detached 2 Car Garage
• Main level living room with formal dining room sunken from family room
• Roof is in good shape
• Functioning Windows and Doors
• Plenty of storage space in the attic
• Friendly neighbors with nearby Lakes/Parks and Walking/Bike Paths
• 9 Parks with 10 minutes and only 2 miles to Elk River Extreme Motor Park
• Just minutes from lots of great restaurants and shopping

Cons/Projects:

• Update kitchen
• Finish basement
• Stairs to new lower level addition
• Interior paint
• Exterior work
• Interior Floors
• Landscaping
• Update bathrooms
• Remove garbage from property
• All in all it needs some work, but its worth it 🙂

BUY for $65K  / PUT $70K in / ARV of $190K+ = $55K+ in Potential Gross Profits!

RSVP DETAILS

You will be assigned a specific walk thru time slot when you RSVP.

NOTE:

Some of our properties are occupied. Please do not disturb occupants. For access and more information or questions about the property contact our agent. $5,000 Non-Refundable Earnest Money Required to Secure Property with all offers.

REALTORS:

If you are currently working with a client, and wish to receive 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.

There is no listing agreement in place, therefore, no cooperation policy applies to this transaction and at this time the above property will not appear on any retail market listing services.

DISCLAIMERS:

*PropertyInvestmentMN.com is a website brand owned and controlled by Property Investment Enterprises, LLC., and all properties listed herein are owned or under contract by Property Investment Enterprises, LLC or in a joint venture agreement. Property Investment Enterprises, LLC is in the business of acquiring properties/contracts and selling wholesale to investors.

** A contract on the property is being marketed, and may not currently be owned by Property Investment Enterprises, LLC. However, Property Investment Enterprises, LLC has an equitable interest in the property and will be closing or assigning it’s interest on the property prior to closing. Property Investment Enterprises, LLC is not a real estate brokerage and does not represent buyers or sellers, nor does it receive commissions of any kind. Property Investment Enterprises, LLC is represented by eXp Realty and licensee Dan Ramos to facilitate all its’ transactions and state forms are used in all sales. Property will not be considered under contract until signed contract and deposit is received by the title company with all contingencies removed. Sales Price is net to Property Investment Enterprises, LLC.

*** Property Investment Enterprises, LLC (PIE) has exclusively relied upon the information listed within the County Assessors and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Investor acknowledges and accepts that PIE makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property.  Investor acknowledges that it has conducted its own investigation of these facts and due diligence. Investor will verify all material facts including square footage and is purchasing the subject property based upon its own conclusions. Investor expressly acknowledges that it is purchasing the property in “as is, where is” condition. All properties are subject to errors, omissions, deletions, additions, cancellation.