3/2 Manufactured Home on 4.59 Acres

[Kellum Lewis]

3/2 manufactured home on 4.59 acres

2 other permanent buildings on property

Roof needs to be replaced

Leak underneath house - pipe needs repair

Flooring in kitchen needs to be replaced

Estimated repairs: $12K

Tax assessment: $61K

Comparables in the area are difficult to come by as not much has sold in this subdivision in recent years. The tax assessment on this property is approx. $61,000.00.

A reasonable expectation of return would appear to be:

ARV (After Repair Value)

$103,000.00

-List Price $63,500.00

-Repairs $12,000.00

-Holding & Closing $2,000.00

Potential Profit $25,500.00

This could also be a nice deal for landlords who are interested in the long-term gains from the area’s growth.

Buyer to do all due diligence. Seller believes the information provided to be accurate but makes no guarantee.

Keywords: Fixer, TLC, Investor Special, 3/2, Phenix City, Alabama, Columbus, Georgia, Ft. Benning

Kellum Lewis

(626) 872-LEAF (5323)

[email protected]

www.CommunityGreenProp.com