3bed, 2 bath, 1448sqft Mobile home on 1/2 acre lot in East Orlando. Tenant just moved out of the mobile home and left a mess but the home can be repaired and updated for a nice profit as a flip or kept as a rental. Newer well pump and equipment. Newer metal roof on mobile home. Needs trashed out, lawn cleanup.
Mobile home needs: flooring, paint, drywall repairs, new fixtures, etc. Kitchen could be partially salvaged for a rental, but you would want to replace it for a flip. We are estimating $12k-$20k in repairs depending on if you flip it for a rental or resale.
Market rent after repairs is $900/m.
ARV is around $115k-$130k
- 232 Wellon Ave: 1975 Mobile home, 600sqft, 2bed/1bath, 1.1 acres, fixed up in decent condition, Sold for $105,000
- 208 WELLON AVE: beat up 1973 mobile home on .75 acres sold for $70k in 2 days
- 18456 16TH AVE: 1998 manufactured home on almost 1/4acre sold for $129,000 in 39 days
- 18404 12TH AVE: 1998 mobile home, 1104sqft, on .35acres sold for $131,000 in 59 days