FIX-ME-UP
FIX-ME-UP
BRING BACK THE SPARKLE! NEED AN INVESTMENT or full - -time residence? HAVE MONEY TO RESTORE? HAVE TIME TO CLOSE? Check this 4 Br, 2 BA Double-Wide MH out on 2 m/l acres and only 3 min east of Krebs, Oklahoma or 5 min. to McAlester, Oklahoma, 10 min to shopping centers and hospitals. Located at 230 Orler Road, McAlester, Oklahoma (mailing and 911 address).
Like fishing, boating, canoeing? Lake Eufaula in Oklahoma has over 600 miles of shoreline. Elm Point Recreation is only 10 min. from this close-in location.
The property is currently in Probate and lender has filed foreclosure. Per Probate Attorney we are to bring all Offers. Once the Probate Attorney receives an Offer, it will be submitted to Court for approval. Then it also must go through the foreclosure Attorney and get lender approval. I am a CERTIFIED REAL ESTATE PROBATE SPECIALIST and can guide you through the process....
The property is currently in Probate and lender has filed foreclosure. Per Probate Attorney we are to bring all Offers. Once the Probate Attorney receives an Offer, it will be submitted to Court for approval. Then it also must go through the foreclosure Attorney and get lender approval. I am a CERTIFIED REAL ESTATE PROBATE SPECIALIST and can guide you through the process. Once both attorneys approved the property must be published for taking bids. Anyone can bid against it at that time. However, in our rural area, we do not have many cash buyers or Buyers who can reserve with their bank the money. Then it goes back to Court and the highest bidder most likely gets the property. The Judge will make the decision in probate sales. However, if one does not mind 5 months or longer closing and likes to make a good investment with great return; this may work for you.
Electricity and the water meter are kept active! The natural gas is not! If you like propane gas it would be easy to install too! The MH was built in 1999, offers 1792 SF living with open dining/kitchen combination and main bedroom suite being split from the other 3 bedrooms and full bath. This bath has some updated features and a sky light too!
We have many FHA and VA Buyers roaming for this type of property. If a Buyer would restore it and make it shine again, VA and FHA Buyers would jump quickly with Offers. At current market value in RESOTRED condition, you would have some nice equity!
I estimate about $25,000 in repairs, which include new paint inside and out, floor covering, appliances, interior and exterior repairs. I am an Investor myself and I am not shy using my elbow grease to save money on labor. I look at needed rehab work with great reality and have the knowledge on what it takes to make it into a warm, welcoming family home! No restrictions in case you want to have another home or Cabin on it.
THERE ARE NO USAGE OR BUILDING RESTRICTIONS! COMMERCIAL IS FINE TOO! As you can see on the satellite outline, the land is a rectangle, long shaped property consisting of some open land, young overgrow (need bush-hogged) and some scattered woods and timber. In addition, part of the large pond is on this property as well. The adjoining 10 acres (has this big pond and another in the back) was surveyed and may can be bought too. In the old days, all of this was family land of the adjoining neighbor (Eller). Whoever is awarded the Sale may has the opportunity to buy the 10 acres too!
The 2-acre tract is partially fenced with fencing along the front and north side. Convenient location less than a mile off US Highway 31 E. No dirt road either! Behind the house in the small overgrow are wild black berry bushes. You could make much jam, if you like black berries,
Feel free to contact me with any questions you may have! Thank you for your interest.
