Additional Details

• Important Details: --> 2 updated manufactured homes on 3.5 acres in Ocala! --> 13 miles from the World Equestrian Center! --> Rented for $1800/mo PER UNIT (one unit is M2M and the other is leased until July 30, 2023)
• Features: 2 UPDATED manufactured homes on over 3.5 acres in Ocala! This property features a 4/2 and 3/2 manufactured home, both recently updated. This property sits on 3.64 acres only 13 miles away from the new World Equestrian Center. One unit is currently rented M2M and the other is rented until July (for $1700/mo each - $3400/mo combined). Get this RARE opportunity while you can!
• Rehab Description: Little to no work is needed to get these units market ready. Deep clean and minor touch-ups. Optionally, new flooring may be recommended in certain areas. Paint and landscape to maximize appeal. Metal roofs in good condition. Plumbing, HVAC, and electrical in good working condition.
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $400,000 - $420,000
• Estimated Rehab: $5,000 - $10,000
• Comparable Rent: $1,800
• Construction: Manufactured Home
• Comp 1: 4358 SW 166th Court Rd, Ocala, FL 34481 (5/3, 2332 sqft.) SOLD for $250K in APRIL (1997 build, Single unit on 2.24 acres only. Dated condition)
• Comp 2: 4134 SW 168th Cir, Ocala, FL 34481 (3/2, 1400 sqft.) PENDING for $220K in FEBRUARY (2016 build, Single unit on 0.55 acre only. Original condition)
• Comp 3: 4905 SW 165th Avenue Rd, Ocala, FL 34481 (3/2, 1740 sqft.) SOLD for $165K in FEBRUARY (1999 build, Single unit on 1.19 acres only. Dated condition)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab