Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $260,000-$280,000
• Estimated Rehab: $30,000-$60,000
• Comparable Rent: $2,000
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 120 SW Bonnie Gln - 3/2 1675 Sqft - Built 1964 - SOLD $465K on 10/25/21 An investment property with a SFR + 5 Single Wide Mobile Homes on a 5 Acre Lot
• Comp 2: 3323 208th St – 3/2 with 1,820 sq/ft – Pending @$350k on a 4 acre lot.
• Comp 3: 553 SW Miracle Ct – 3/2 with 1,590 sq/ft – Sold 05/2021 on a 4 acre lot.
• Comp 4: 199 SW Miracle Ct - 3/2 with 1,590 Sqft - SOLD $270K on 5/20/21 - On a 4 acre lot
• Comp 5: 420 SW Prism Loop - 3/2 with 1,826 Sqft - SOLD $251K (Less than 10 D.O.M) Clean dated property on a 2.3 Acre Lot.
• Rehab Description: Before going to market, this property will require extensive junk removal. Afterwards, it could use some minor repairs, a deep cleaning, a fresh coat of paint, and some attention to the electrical system. Installing Central Heating and Air could boost resale value. Optionally, one of the mobile homes could be rent ready with some minor repairs as well.
• Features: This SFR sits on a large 5 ACRE LOT and is a RARE investment opportunity in an area of Lake City where superior homes are selling for $500K plus! This property is being offered at a DEEP discount to the hungry investor willing to take on a unique project for a HOMERUN. After extensive junk removal, you’ll have well over $100k in equity and much, much more in upside!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab