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Lawrenceburg, KY 40342
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Home details as listed · verify independently
Conventional and FHA financing available.
Modular Home on 1 Acre with Cosmetic Upside
1321 Kays Road in Lawrenceburg features a 3 bed, 2 bath modular home situated on approximately 1 acre. The property offers a manageable value-add opportunity with cosmetic finishes needed along with some repair work on the rear porch.
Major systems are in solid condition with a roof approximately 3 years old and an HVAC system less than 5 years old. The home is on septic and sits on a full acre, providing additional outdoor space and flexibility for the next owner.
Commission
Commission Offered
This opportunity in Lawrenceburg, KY is offered at an asking price of $199,800 as shown on the card. After repair value (ARV) is shown as about $220,000, which implies a gross spread of roughly 9.2 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 3 bedrooms, 2 bathrooms, 1,488 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “light.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1975; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
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Strategy: Wholesale