This property is under construction with permits. The mobile home is double-wide. Investor needs to finish the project and put it on the market for $250,000 - $260,000.  

 

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3 Bedrooms 2 Bathrooms
1,152 sqft
FLOOD ZONE (X) NO FLOOD ZONE
 

• IMPACT FEES ARE PAID

• MOBILE HOME IS SET AND INSTALLED

• PERMITS ARE IN PLACE FOR PROJECT

• NEEDS WELL ($6,000)

• NEEDS SEPTIC ($10,000)

• NEEDS ELECTRIC ($3,500)

• NEEDS SOD ($1,200)

• NEEDS AC (6,500)

• FINISH INSIDE REMODEL (MATERIAL THERE)

• SKIRTING NEEDED ($1,200)

• STAIRS NEEDED ($1,400)

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Buying closing costs (NEGOTIABLE)

Selling closing costs ($2,000)
 

Total funds needed to finish project ($31,800)

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FINISHED SALES PRICE TO END BUYER ($250,000 - $260,000)

INVESTOR PROFIT ($69,200 - $79,200)

ROI 38% - 43%

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