OFF MARKET OPPORTUNITY IN SUMMERLYN

[Erin Jones, REALTOR®]

Hi All,

I have clients who would like to sell off-market, located at 121 Moorhen Ln. Leander (In Summerlyn, up against land/horses and with a view of a pond!) The property needs downstairs flooring and baseboards (1,030sqft of flooring), a few spots with missing trim and flooring upstairs, and some touch-up painting to get it to a good rentable or resellable condition. You could put a lot more in if you wanted to do kitchens, bathrooms etc and complete a full remodel, but it's in pretty good shape overall to put a lot less, especially for a buy and hold.

Leander has a new downtown coming up --  Northline (like the Domain!), as well as developments at 183/29 to include a Target and Starbucks. At the entrance to this neighborhood (walkable from the house), there are restaurants and a great coffee shop -- so for a suburb it has lots going on.

Sellers would like to contract at $349k. I have a lender who has said it very well may make it through a conventional loan appraisal in its current state, although cash would be safer I'm sure.

Please run your numbers and let me know if you're interested!

Photos can be found here: Moorhen Ln Photos

Flyer Attached.

Thank you!

Erin Jones, Broker/Owner META Realty

ErinJones...@gmail.com

805-798-7952

--