Hello Investors:
Two miles from Manassas, just off Route 234, sits Lake Jackson, a large body of water formed by the Occoquan River. Perched about 50 feet above the water are two steeply discounted houses for the
price of one, both enjoying a grand 180 degree view of the lake. This serene property is a unique wholesale purchase opportunity, way below market value. You can buy both of these houses today for the unheard of total price of $330,000.
Until recently, these two houses have been rented for a combined $3,050 per month, meaning you can lock up this property today, rent it out as-is,
and potentially realize an 11% capitalization rate. Where else are you going to find a return that high?
OR
You can fix and flip this property for a huge profit. While both of these houses are completely livable as-is, there are needed cosmetic fixes that would significantly
increase the value.
The current 2017 Prince William County tax assessment value of this property is $400,489 and there are comparable lakeside properties in this community that have recently sold for up to $520,000. Make money now.
If you would like to see more, here are pictures and a good
video tour of the property that I’d recommend watching.
