332 Beaver Dr – Millville Available

  • $20,500
  • 2 beds
  • 1 baths
  • 1040 sqft

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Wholesale Investment Property 

All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.

This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.

This property is available for purchase only with Cash, Hard Money, or Private Money.

332 Beaver Dr Millville, NJ 08332 

Fix and Flip

Wholesale Price: $20,500
Rehab Cost:   $75,000 
After Repair Value: $152,911
Projected Net Profit: $35,000 – $42,000

Property Information 

Building Type: Mobile Home
Beds: 2
Baths: 1
Real Estate Tax: $3,022
Vacant: yes
Owner Occupied: No
Parking: yes 

Construction Details:  this property needs everything done or tear down

Roof:  damages
Sewer: septic
Zoning: r-10

Projected Financials:  The following breakdown is based on stabilized property occupancy expenses and profits were derived from market research.

Fix and Flip

Investment Type                                                             Cost                                 

Wholesale Price                                                             $20,500
Rehab Cost                                                                      $75,000 
Estimated closing costs                                                $4,587 
Estimated holding costs                                               $3,058 
Estimated selling costs (5% of ARV)                         $7,645 
Total Initial Investment:                                        $110,790

Net Profit Calculation                                                                                    

Estimated After Repair Value                                     $152,911 
Total Estimated Investment                                       $110,790
Projected Net Profit:                                                      $42,121

Comparables from the MLS used to determine ARV

Average Cost/SQFT: $147.0
Average Sold Price: $131,500.00
After Repair Value: $152,911.00 
Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from
subject
property (mi)
6314 WHITTIER DR
MILLVILLE, NJ
135,000.00 12/14/2021 876 1960 154.11 0.63
26 LAUREL DR
MILLVILLE, NJ
160,000.00 2/4/2022 984 1991 162.6 1
533 DANDELION RD
MILLVILLE, NJ
99,500.00 3/21/2019 800 1968 124.38 1.34
Price:
$20,500
Address:
332 Beaver Dr
Millville, NJ 08332 
Square Feet:
1040
Lot Size:
14,000
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Manufactured
Year Built:
1954
Const. Type:
Mobile Home

Call (609) 807-1497 for more details

Property Location