Fredericksburg, VA - Two homes, 15 Acres, 12% cap rate, $30k flip

[Ben S.]

588 Carpenters Rest Rd, Caret, VA 22436

1380sqft manufactured home on 15 acres in rural community on well and septic. New water heater (2017), laminate flooring (2016), light fixtures (2016), kitchen (2016), appliances (2016), and much more. 10x18 Shed. 3 bed, 2 bath, office/den, kitchen, dining, living, laundry. Subdivision approved by county. $1100/ month, currently rented.

https://home.cozy.co/apply/#!/225511

590 Carpenters Rest Rd, Caret, VA 22436

1200sqft manufactured home on 15 acres in rural community on well and septic. New water heater (2017), HVAC (2017), laminate flooring (2017), light fixtures (2017), kitchen (2017), appliances (2017), and much more. 8x8 Shed. 3 bed, 2 bath, kitchen, dining, living, laundry. Title currently with DMV, needs converted to real estate. Subdivision approved by county. $1100/ month, currently rented.

https://home.cozy.co/apply/#!/236902

Two properties for sale, discounts for cash purchase of both.

https://www.biggerpockets.com/forums/517/topics/59...