CASH DEAL – LAKE CHARLES (70601)

• 3 Beds / 2 Baths • 1,400 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 2000
  • 1400

Description

*CONTRACT FOR SALE CONCERING THE PROPERTY DESCRIBED BELOW*

DO NOT VISIT THE PROPERTY WITHOUT MY PERMISSION:

This creates an awkward situation with the contracting parties

Location:

  1. 702 16th St Lake Charles LA 70601

Price: **Looking for Highest and Best Offer During the Offer Period **

  1. **Minimum Suggested Offer** $50,000 or Best Offer

Details:

  1. ARV: $130,000 | 3 bed / 2 bath | ~1,400 sq ft
  2. Vacant – easy showings, quick close
  3. Full-rehab opportunity; interior already cleaned out
  4. Estimated rehab: $45K–$55K (buyer to verify)
  5. Minimal flood risk (First Street 1/10)
  6. Two doors down sold for $40K cash in Jan 2026 (smaller 3/1); updated 3/2s nearby have sold for $125K–$170K
  7. Cash or hard money. EMD required. Close with title.

Property sold as-is. Buyer to do their own due diligence.

Comparable Sales Nearby

ARV support – sold comps within 0.5 mile (last 12 months)

Why $130K is conservative: the older-home comps average about $93/sq ft (≈$130K at 1,400 sq ft), and the closest renovated sale (715 Sycamore) implies ~$154K. The $100K sale next door was likely not a full renovation.


For More Information or to Submit an Offer Contact:

Tyler@RallyHomeBuyers.com or Call Tyler at 769-355-9644


If you are interested in this deal...

  1. Call or email me to discuss and arrange inspection.
  2. Inspections by appointment only.
  3. DO NOT disturb occupants
  4. Agents- Call me to discuss your commission
  5. Buyer must have funds available and can close quickly.
  6. Buyer pays seller closing costs (escrow fees only)
  7. EMD Deposit due with accepted contract


Estimated Spread

  • ARV $130,000
  • Price $50,000
  • Spread $80,000

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