Off Market Real Estate PropertiesOff Market Real Estate Properties
Serious value add deal in Red Oak IA. This 3 bedroom, 1 bathroom single family home comes in at roughly 1,200 square feet and needs a full gut renovation. ARV is about 165,000, giving strong spread for an investor who knows how to manage a heavy project.
Perfect for a flip or BRRRR play in a low entry price market.
Property Condition
This one is a full overhaul from top to bottom. Expect:
• Full interior gut and rebuild
• Foundation work needed
• Plumbing not active. Water is currently off and plumbing will need repair or replacement
• Electrical system is active but older and needs updating
• Heavy interior carpentry, drywall, flooring, insulation, trim, doors, everything inside
• Kitchen and bathroom need complete redesign and renovation
Existing Improvements
• Roof, siding and windows were replaced about 10 years ago
• Electrical power is currently on
Property Highlights
• Delivered vacant
• Solid ARV for the area
• Big value add for an experienced flipper
• Straightforward heavy rehab with predictable scope
If you are looking for a project with real upside and a clean after repair exit value, this Red Oak property is a strong contender. Reach out for photos, access details or to run numbers with us.
DISCLAIMER
This is an assignment of contract. A legally binding purchasing contract and memorandum have been executed giving our company the exclusive rights to purchase this property. We do not represent the owner. We are not brokers and do not act as such. Do not contact the seller directly. Any unauthorized contact or attempts to renegotiate will result in legal action.
