Additional Details

• Features: BOCA RATON mobile home being offered for UNDER LAND VALUE!! Purchase in a community with almost no actives and nothing active UNDER $200,000! Properties are selling in less than 10 days on the market!!! This home will be DELIVERED VACANT AT CLOSING and there is NO HOA OR RENTAL RESTRICTIONS! Located off of US HWY 441 near Boca Woods Country Club and Sunset Grove Amphitheater.
• Rehab Description: This property requires a full cosmetic update. Reseal the the aluminum roof, remodel the kitchen, remodel the bathroom, replace the flooring, and apply fresh paint. To achieve an ARV of over 250k you have the option to tear it down and build a new manufactured home on the lot.
• Important Details: --> VACANT @ CLOSING --> TAX ASSESSED VALUE IS $99,391
• Potential ARV: $160000-$180,000
• Estimated Rehab: $30,000-$40,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1800
• Construction: Mobile Home
• Occupancy: VACANT!
• Comp 1: 22973 Inlet Circle, Boca Raton, FL 33428 - 3/2 - 1301 sq ft - PENDING @ 269,990 (same community, clean)
• Comp 2: 10570 S 228th Lane S, Boca Raton, FL 33428 - 3/2 - 924 sq ft - SOLD 25K OVER ASKING @ $190,000 in December 2022 (mobile home, clean, 4 days on market, lot size is less than 1/4 of the subject property)
• Comp 3: 10140 Marlin Dr, Boca Raton, FL 33428 - 3/2 - 780 sq ft - SOLD @ $185,000 in December 2022 (same community, clean, cash sale)
• Comp 4: 10625 Shore Dr, Boca Raton, FL 33428 - 3/2 - 1502 sq ft - SOLD @ $190,000 in November 2022 (same community, clean, cash sale)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab