New Port Richey Mobile Home! – FL 34652 Pending

  • $55,000
  • 2 beds
  • 1 baths
  • 768 sqft

Property Info
Bedrooms: 2 Bathrooms: 1
Sq. ft. (Gross): 768 Land Size: 3,849Sqrft
Occupancy: Vacant market Rent: 1,100
Year: 1970

This is a New Port Richey Mobile Home! (6812 Garden Dr.)

Locate in a hot investor area
In the West Side of the city
Proximate to the beach
And right off-road US-19

This 2/1 mobile home
Sits on a nice corner lot
The house rehab for a flip or rent.

Put some work in it
And collect an amazing rate
of $1,100 a month…
It’s over 20% gross ROI.

Option to buy – 6816 Garden Dr. (3,362 sq. ft.)
the proximate corner lot for
$28,000
This vacant lot has an RV on it.
With some work, you can turn in
to a rental that will add some hundreds
of dollars to the total rent.

Hurry Up and be the one to lock this up!

Comps
3 homes in the 0.7-mile range sold for an average price of $72,000.
The first comp is a second-hand home in a dated condition. Sold for $79K in cash. The second comp is a second-hand home in decent condition with updated kitchen cabinets. Sold for $69K in cash. The third comp is a second-hand home in a dated condition. Sold for $68K.

All comps have the same size and room/bath count. All comps are 1984 or older. All comps have similar land sizes. Considering comps dated condition, and the fact that two comps sold for cash, we estimated an ARV of $75,000.

Rent Comps

Price:
$55,000
Address:
6812 & 6816 Garden Dr
New Port Richey, FL 34652
Square Feet:
768
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Manufactured
Year Built:
1970
Basement:
Medium
MLS #:
$75,000

Call (407) 678-0062 for more details

Property Location