Sold: Owls Nest Trl — McLeansville, NC

Status
Sold
Asking price
$120,000
Sold price
$112,500
Est. ARV
$200,000
Est. repairs
~$30,000
Beds / baths
2 bd / 2 ba
Sqft
1,320
Year built
2013

This was a 2-bedroom, 2-bathroom condo / townhome in McLeansville, NC, about 1,320 square feet, built in 2013.

About this deal

2013-built townhome in McLeansville, just off the I-40/I-85 corridor minutes from Greensboro. 2 bed, 2 bath, 1,320 square feet with a covered front porch — and a basis of about $91 per square foot on the buy.

Priced with roughly $30K of rehab to reach a $199,900 ARV. The HVAC is original 2013 and has frozen up — plan on repairs; it's already baked into the rehab number. The roof (also 2013) is HOA-maintained, which takes the biggest capex line off your sheet.

HOA community — buyer to verify dues, coverage, and any rental restrictions during due diligence.

Full address and seller contact are free for members.

View this deal on REI Off Market

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