Would you buy this?
Let's play a little game. Using the information in the aerial and the other information provided, your job is to tell me if you would buy this property or not and the reasons for your decision. Then I will give you some things to think about once you've had a chance to chime in.
Something to think about before you go on.....is there such a thing as junk property?
Here's today's property
Allowed Land Uses: Single Family Residential
Area Comps: For sales comps ranging from $35k to $45k for similar sized lots
Sales Velocity: Last sale in March of 2019. 15 of the 50 lots within a 1/4 mile are for sale
Asking Price: $25
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Our purpose is to inform and advise investors through next level education and services so they can distinguish themselves in their market.