Mooresville NC Flip Opportunity! 1993 Build! For Sale

  • $200,000

116 Eagle Ct, Mooresville, NC 28117

🔥 Mooresville, NC. Charlotte Metro. Single Family. 3 bed / 2 bath. 1,140 sq ft. Comps averaging $310K — priced at $200K. Vacant and ready. All offers welcome. 🤝

📸 👉 CLICK HERE FOR FULL PHOTO ALBUM 👈

💰 Asking: $200,000 | Comp Average: ~$310,000 | 🔥 Spread: ~$110,000


🏠 Property Details

Type Single Family Home
Bedrooms / Baths 3 bed / 2 bath
Living Area 1,140 sq ft
Year Built 1993
Lot Size 10,454 sq ft
Utilities City Water & Sewer + Duke Energy
Occupancy at Closing ✅ Vacant
Closing Date March 31, 2026

🔧 Condition Notes

Roof was replaced 10–12 years ago and is in good condition.

HVAC is an older unit and needs replacement — plan accordingly.


📊 Comparable Sales

Address Sq Ft Sale Price Price/Sq Ft Notes
245 Rose St, Mooresville 1,391 $335,000 $241/sq ft Sold
117 Heath Ln, Mooresville 1,100 $320,000 $291/sq ft Sold
172 Heath Ln, Mooresville 1,107 $314,000 $284/sq ft Sold
131 Diamond Dr, Mooresville 1,004 $270,000 $269/sq ft Sold
Comp Average (sold) ~1,151 ~$310,000 ~$269/sq ft
🏷️ Our Price 1,140 $200,000 $175/sq ft
💸 Your Spread ~$110,000

💡 Why this works: At $175/sq ft you’re buying at a steep discount to comps that traded at $241–$291/sq ft — all similar sized homes in the same Mooresville market. The subject is 1,140 sq ft, right in line with the comp set. Factor in HVAC replacement and you’re still sitting on $90K+ of margin. Mooresville is one of the strongest growth markets in the Charlotte metro and demand at this price point is consistent.


⚠️ DISCLAIMER — Please Read Before Submitting an Offer

📋 Assignment of Contract

This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.

🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.

🔍 Due Diligence

Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.

💰 Offer & Deposit Terms

  • $5,000 non-refundable deposit due at signing
  • Closing no longer than 30 calendar days
  • Buyer pays all closing costs — not included in asking price
  • Taxes prorated and split between parties

🏚️ As-Is Terms

Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.

  • ❌ No repairs or improvements prior to closing
  • ❌ No clean-out or clean-up of any kind
  • ❌ Property will not be broom clean at closing

🤝 Realtors & Wholesalers

The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.

Price:
$200,000
Address:
Terms:
For Sale
Property Type:
Home

Call (209) 630-6215 for more details

VIP Buyer Offer Form

Please submit your Highest and Best Offer as we often get more than the asking price on our deals!

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