340 Date St, Drain, OR 97435 Assigned

👑 Fix and Flip Opportunity 20 minutes outside Cottage Grove 👑

Price: $65,000

340 Date St, Drain, OR 97435

2 beds | 1 bath | 840 sqft

4,791 Sqft corner lot adorned with mature trees.

Near North Douglas Elementary School and North Douglas High School.

This is a 1981 manufactured home located 20 minutes outside of Cottage Grove.

The property has two tax ID’s.

Exit strategies:

1. Remodel the manufactured home as it sits, sell it, or offer a great owner contract for moveable debt.

ARV for Flip: $125,000 – $140,000

2. Replace with a new manufactured home.

ARV: $250,000 – $280,000

ARV Comp for As-is:

https://www.zillow.com/homedetails/519-Division-Ave-Drain-OR-97435/61058164_zpid/

ARV Comp for New Manufactured:

https://www.zillow.com/homedetails/208-S-Main-St-Drain-OR-97435/61059043_zpid/

Call for walk through!

Closing date: 4/8/2025 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.

Please contact us via DM or call if you have any other questions (503) 404-4532.

Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.