OFF-MARKET Wholesale Opportunity Offered at 76% of ARV- SW 50th St. Bushnell For Sale

  • $109,900
  • 3 beds
  • 2 baths
  • 1,216 sqft

Don’t miss out on this AMAZING property in BUSHNELL!  Country Living at it’s finest only 35 minutes away from Clermont.  This is an OFF-MARKET wholesale opportunity.  This MH sits on 4.85 ACRES and offers newer metal roof, split bedrooms, open floor plan, vaulted ceilings, spacious kitchen, additional fencing for live stock, at the back side of home you have a nice size deck that is wheel chair accessible.  Master bedroom has a nice walk-in closet that has a door that leads to the master bathroom.  Shed with hay barn built on the back. Well & Septic.  No HOA!  This property is currently occupied and requires an appointment to see it because there are animals on the premises that will need to put away prior to any showings.

FLIP ANALYSIS
There was only ONE updated Manufactured Home (7564 CR 614A), with MLS #G5024385, that is 2 miles away from the subject property with 1,296 sf heated on 10 Acres that sold within the last year for $245,000 ($189.04 ppsf).  Average Days on Market for this sale was only 21 DAYS too!!

Additionally, there were TWO updated Single Family Homes within 0.50 mile radius of the subject property that sold at an average $150k sales price and average $132 ppsf.  But keep in mind both were much smaller in acreage than the subject property, one being 2.46 Acres and the other one being 0.27 of an Acre, respectively.  One of them only had 2 bedrooms as well.

Based on all this combined information and the Average Days on Market for all three comps was only 8 DAYS, we still chose to go with a conservative $120 ppsf for ARV on this property.

Out of 28 properties (includes both Manufactured Homes & Single Family Homes) with a minimum of 1,200 heated square feet or greater that is currently available in the entire zip code of 33513, this property is the SECOND cheapest available.

Suggested FLIP Rehab:
Update kitchen, update bathrooms, interior paint, misc. minor cosmetics.

Price:
$109,900
Address:
SW 50th St.
Bushnell, FL 33513
Square Feet:
1,216
Lot Size:
4.85 Acres
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Manufactured
Year Built:
1998
Const. Type:
Siding
MLS #:
$145,000+

Call (407) 678-0062 for more details

Property Location