2864 Hillcrest Dr Coming Soon

Shingle Springs,CA 95682

$ 1500000

3 Beds

2 Baths

1334 SqFt


Key Details

Property Type Single Family Home

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,334 sqft

Price per Sqft $1,124

Bedrooms 3

Full Baths 2

Lot Size 10.000 Acres

Property Description

Investment Opportunity!

I saw this property last week and am pretty excited about the potential. Please let me know if you're interested and I can arrange a group call to work out details.

My vision:

10 investors to put approximately $100,000 each to purchase this property as an LLC/LLP.

5 year hold

Existing home needs some renovation but can be rented between $2,600-$3,000 conservatively to cover carrying costs. Well and Septic needs to be evaluated but the property is surrounded by development and ultimately connection to public utilities would be ideal.

Location

State CA

County El Dorado

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