Purchase Price: $99,770 with Owner Financing (5% Discount or all-cash purchase)
Square Feet: 1,404 sqft
Garage: 2 Car Detached - 576 sqft (Stick-Built) with 264 sqft Add-On + 640 sqft Outbuilding
Size: 5.12 Acres Irrigated with Water Rights
Lot Dimensions: 328’ x 678’
OWNER WILL FINANCE FIXER HOUSE, 2 CAR DETACHED GARAGE, OUTBUILDING, WATER RIGHTS, & 5 ACRES FOR JUST: $99,770 or $94,782 (5% all-cash price). Or, if you need me to OWNER FINANCE IT, the price is $99,770.
We are needing to sell our 5.12 acres of land (with water rights) and fixer 3BD/1.75BT home + 2 car detached garage + 640 sqft outbuilding (powered) in Kinnear, Wyoming. It is located just 2.4 miles from Ocean Lake's southbay boat ramp in Central Wyoming in the Wind River Valley and only 15 miles to Riverton's airport/shopping. Ocean Lake is best known for its recreational opportunities such as waterfowl and pheasant hunting, and water skiing. Between 1,500 and 2,000 pheasants are released each year to supplement native bird populations. If you like to fish, there are plenty of walleye, trout, bass, crappie, perch, bullhead and ling. This property is priced at 70% of value with owner-financing.
PLEASE NOTE: THE HOUSE IS NOT LIVABLE!! IT NEEDS REMEDIATED FROM WATER DAMAGE, OR NEEDS TO BE TAKEN DOWN AND REBUILT!!! THIS IS WHY ITS BEING WHOLESALED!!! PROPERTY IS BEING SOLD AS-IS, AND WITH ALL FAULTS. NO WARRANTIES. BUYER NEEDS TO MAKE HIS/HER OWN ASSESSMENTS ON CONDITION. THE GARAGE IS DETACHED & HAS NO REPAIR ISSUES AND COMES WITH AN AUTOMATIC GARAGE DOOR OPENER/REMOTE.
A low down payment ( > 10%) will get you a 8.9% rate with a $1450 monthly payment (plus escrowed monthly property taxes and monthly water rights dues) for 90 months. A higher down payment ( > 20%) will get you a lower rate down to 5.7%, with a $1396 monthly payment (plus escrowed monthly property taxes and monthly water rights dues) for 72 months saving you a lot more interest. TAKE POSSESSION TODAY WITH A DOWN PAYMENT!
Are you looking to purchase a fixer house at a discount and fix for major equity? Or, have you always dreamed of fixing up an investment property and flipping it like the guys on TV? Or, renovating it for a rental? Now is your chance! It doesn't get any easier than this to start in real estate investing or acquire a working hay/cattle farm.
The property is fully irrigated with water rights from Midvale Water District. A new irrigated water ditch was installed a few years ago with valves. The water well was completely redone and drilled to a much deeper depth 4 years ago to produce extremely good drinking water. Most properties with water wells in Kinnear and Pavilion do not have good drinking water and properties that do, are very hard to find. Also completed 4 years ago was a new septic system and new leech field. Electric is provided by High Plains Power. Home is electric heated only.
Yearly taxes are approximately $994/yr. Midvale water dues are approximately $441/yr. There is no POA/HOA here. However, the new Buyer must pay $5000 to the adjoining neighbor for her fronting the cost to re-install a new irrigation ditch that this property is benefiting from. The previous owners never paid their portion of these costs. This $5,000 is built into the financing we are offering in the above payment figures, and is NOT included in the purchase price.
I am the Principal of the property, I am not an Agent/Realtor. If you engage a Realtor, you are responsible to pay their commissions. Bookmark this page, or better yet, call or text me if you have any questions. You can also view my website below to see my other properties I am owner-financing.
If you need to look at the house, just go by and look at it. If you want to look in the inside, please call/text me to receive the key code.
DIRECTIONS TO PROPERTY:
Once coming into the small town of Kinnear from Highway 26, go north onto County Road 133 for 0.5 miles. Take a right on Lakeview Drive, and go 0.2 miles. You will see the property on your left.
Price: $99,770 with Owner Financing (5% Discount or all-cash purchase)
Closest Community: Pavilion, WY
Land Size: 5.12 Acres
Home Size: 1,404 sqft
Home Type: Geodesic
Garage Size: 2 Car Detached - 576 sqft (Stick-Built) with 264 sqft Add-On
Other: 640 sqft Outbuilding (Powered)
Lot Dimensions: 328’ x 678’
Schools: Wind River Schools
Address: 14 Lakeview Dr, Kinnear, WY 82516