Description
Back on the market-no fault of seller. Fire sale for a short period of time while improvements are being made to these 3 rental producing mobile homes on the properties producing over $3K in revenue. ALL 3 three properties are being sold together: 8227 Branch Ave, 8235 Branch Ave, and 8243 Branch Ave. 3 lots-1 closing. Investment Opportunity!! Limited time offering at this price. Three mobile homes deeded on one parcel of land, (approx. 1.3 acres MOL) so only one set of closing costs. Two are single wide and one is a double wide. All three are currently vacant, single #1 is currently on the rental market for $1,100/mo. it has new paint and flooring and new kitchen appliances that have never been used. #2 is getting painted and new flooring, etc. should go on the rental market in about 45-60 days for $1,250. The double wide will get paint and carpet as well and should go on the rental market by the beginning of 2024 for $1,400. As the units are upgraded the price will go up. Potential $3750/mo. or more income. Buy it now and use the income to finance the upgrades, it's a great opportunity!
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3BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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924SQFT
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$0$/SQFT
School Information
Description
Back on the market-no fault of seller. Fire sale for a short period of time while improvements are being made to these 3 rental producing mobile homes on the properties producing over $3K in revenue. ALL 3 three properties are being sold together: 8227 Branch Ave, 8235 Branch Ave, and 8243 Branch Ave. 3 lots-1 closing. Investment Opportunity!! Limited time offering at this price. Three mobile homes deeded on one parcel of land, (approx. 1.3 acres MOL) so only one set of closing costs. Two are single wide and one is a double wide. All three are currently vacant, single #1 is currently on the rental market for $1,100/mo. it has new paint and flooring and new kitchen appliances that have never been used. #2 is getting painted and new flooring, etc. should go on the rental market in about 45-60 days for $1,250. The double wide will get paint and carpet as well and should go on the rental market by the beginning of 2024 for $1,400. As the units are upgraded the price will go up. Potential $3750/mo. or more income. Buy it now and use the income to finance the upgrades, it's a great opportunity!
© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-10-15T11:05:02.313.
Vendor Member #28178.