Buy n Hold Opportunity (Worth $280k) (Oakhurst CA) $208000

40888 Hodges Hill Dr, Oakhurst, CA 93644

Cash Price:$208,000 or
$250,000 with 20% down @ $50,000
Rehab:$$10,000-$20,000 to make it Rent Ready depends on Buyer
ARV:$285,000-$300,000
Deposit:$5,000 Non Refundable
7-10 Day Close of Escrow
Property Ownend Free n Clear

Here’s a pretty good deal for a flipper – Sale price $250k on a land contract (keeps the prop tax lower) – 20% down ($50,000), $2000 mo for 5 years, then a balloon for balance due. Someone with ambition can repaint / redo the house for $10-$20K, sell it for $300 easily long before the 5 years is up. Perfect for a contractor to do that for the price, or you do it yourself and save.

The other real opportunity is as a vacation rental / Airbnb. $1000 a week is reasonable,add a couple of camping trailers and double that. Again, someone needs to know the area and have a vision!

Bargain of the decade in Oakhurst, the gateway to Yosemite. A great town, Reduced to $225,000 must go soon – well below market for a quick sale as the owners moved to their new home. Cash out and move to the southern Sierra, Oakhurst, the gateway to Yosemite, Great town, small town atmosphere with big city amenities. “Above the fog and below the snow”.

Interested in “Rent to Own’ / Lease / Option ?

Choice location – Only 1/2 mile off Highway 41 in the middle of Oakhurst, shopping, banks, post office all with a mile and minutes to Yosemite.

2000 sq ft (+/-), 2 bedroom, 2 bath + office / den, open floorplan home with tile floors and cedar log siding on 2.3 fenced acres with a 30 x 50 shop. Room for RV’s, trailers and lots of cars and a 1500 sq ft. storage building also. Space for gardening and animals too. House comes with refrigerator, washer and dryer. . Only 3 1/2 hours past Magic Mountain, 3 hours from the Bay Area and 45 minutes from Fresno.

Owner financing with 20% down available to the right buyer.


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