Bayside EquitiesOff-Market Acquisitions
Lot 14 Hawthorne Reserve
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AvailableNew Construction

Lot 14 Hawthorne Reserve

Raleigh, NC 27610 · Wake County

Asking

$79,000

ARV

$118,000

Est. spread

$39,000

All-in / ARV

67%

Underwriting

The numbers

Purchase (assignment price)$79,000
Estimated repairs+ $0
All-in basis$79,000
After-repair value (ARV)$118,000
Gross spread$39,000
Return on basis (before costs)49.4%

Holding, closing and financing costs not included. Verify all figures independently.

The opportunity

Buildable 0.34-acre lot in a growing SE Raleigh subdivision. Water & sewer at the street. New-build comps at $410k–$445k.

  • Utilities at street
  • Builder comps $410k+
  • No HOA restrictions on plans

Property facts

Property type
Land
Strategy
New Construction
Lot
14,800 sf (0.34 ac)
Year built
—
Occupancy
Vacant
County
Wake County, NC