Cordova, AL – SFH 3/2 Great Flip Opportunity or Buy and Hold Opportunity!

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io    |    321-613-6474

>>> Google Drive Link with More Photos & Videos <<<

PROPERTY SUMMARY

• Type:  Single Family Home
• County:  Polk
• Beds:  3
• Baths:  2
• Living:  1,144 sf
• Lot:  30,492 sf
• Year:  1950
• Pool:  No
• Exterior:  Wood frame
• Utilities:  Well/Septic
• Flood Zone:  No
• HOA:  No
• Additional Notes:  There is an extra mobile home on the property as well

CLOSING & ACCESS

• Closing:  8/6/25
• EMD:  $5,000
• Occupancy:  Owner Occupied – Will Vacate
• Access:  By Appointment Only (proof of funds required beforehand)

INVESTMENT SUMMARY

• Wholesale Price:  $39,000 +cc
• Potential ARV:  $190,000
• Gross Margin:  $151,000
• Estimated Rehab:  $50,000 – $60,000

REHAB SUMMARY

• Roof:  6 years old per seller
• HVAC:  Needs replacement
• Plumbing:  No known issues
• Electrical:  No known issues
• Exterior:  Some landscaping needed and fresh paint
• Interior: Updates to the flooring, kitchen and bathrooms

SOLD COMPS

• 56 Mary Austin Rd, (3/2, 1,629 sf, 2002 year) — Sold for $211,000 (3/14/2025) — Partially renovated
• 90 Oak Dr (3/2, 1,008 sf, 1969 year) — Sold for $145,500 (4/11/2025) — Renovated
• 1474 Evans Rd (3/2, 1,264 sf, 1948 year) — Sold for $183,000 (11/19/2024) — Renovated

MUST READ:

• $5,000-$10,000 Earnest Money Deposit (refundable ONLY if clear title cannot be conveyed).
• Buyer pays ALL closing costs. Closing MUST be with our escrow company.
• Cash or Private/Hard Money Only. NO financing contingencies.
• Walkthroughs by Appointment Only. DO NOT disturb occupants.
• Property sold AS-IS, No Contingencies. Conduct due diligence prior to assignment.
• Buyer must verify all information independently. We assume NO liability for accuracy.
• DO NOT contact the seller. Unauthorized contact will result in legal action.
• We are acting as a principal, not as a broker. NO representation is made to any party.
• This is an assignment of contract. A legally binding purchase contract and memorandum have been signed with the seller, giving our company exclusive rights to purchase this property.
• We DO NOT grant anyone permission to market this property without our approval. Realtors and Wholesalers – contact us directly.