Light Rehab & Rent in Lakeland!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

also check out on the tab Coaching once on the website.

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Janet Lane, Lakeland, FL 33809

INVESTMENT: $55,900

ARV: $85,000 +/-

Market Rent: $950-1,000/mo +/-

Rental Rehab: $3-5K +/-

3 Bedrooms 2 Bath

1,695 SqFt

Built: 1995

Construction: Modular Home

HOA: $32/mo

Take a look at this nice mobile home. It has an open floorpan with plenty of space. Needs a good clean up with minor cosmetics and paint. Kitchen appears to be in good shape, just needs appliances. Baths also seem to in good condition, just minor cosmetics. Floors are a mix of carpet, which can be cleaned, and tile/linoleum. Other than minor cosmetics and paint, it should be a light rehab to get ready for rent or possible resale. Outside a/c unit is older, needs to be checked, roof is older, but still holding up, no leaks apparent. The deck leading to front door and trim on the outside need a bit of repair. Overall this modular home is in decent shape.

It's in a quiet neighborhood, very close to shopping, schools, and major highways. Located in a small mobile park, with some amenities, but no lot rents. It's a 55+ community, but does not seem enforced. Great opportunity to cash flow with some equity in place.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services