Property Description:
This 3-bed, 2-bath manufactured home sits on a 0.5-acre owned lot in a quiet, unrestricted section of Spring Hill. Built in 1983 with 1,560 sq ft of living space, this property has no HOA, no rental restrictions, and offers land ownership — a major plus for long-term investors or flippers looking to avoid park fees or title complications.
🛠️ Light Rehab – Cosmetic Updates Only, All Major Systems Updated
The roof is just 6 years old and the AC is only 3 years old, giving you peace of mind on the big-ticket systems. Property is livable as-is and could be cleaned up with paint, flooring, and optional kitchen/bath updates to hit top comps. No structural concerns noted, and utilities are in working order.
🔴 Recently Sold
· 16339 Bosley Dr – 1,860 sq ft, 2/2, 1.35 acres, sold for $298K (May 2025) – newer build, larger lot
· 16747 Laura Lee Dr – 1,584 sq ft, 2/2, 1 acre, sold for $240K (Jul 2024) – similar size, older
· 16244 Vauxhall Dr – 1,647 sq ft, 2/2, 0.5 acre, sold for $272K (Jul 2024) – newer build, equal lot
· 16263 Vauxhall Dr – 1,456 sq ft, 2/2, 0.42 acre, sold for $248K (Oct 2024) – similar footprint, updated
Comps are all newer homes with some on larger lots, but they reinforce strong values in the area. This home is priced at just $125,000, making it the lowest priced deal by over $100K. Even with minor rehab, you’re looking at an ARV in the $220K–$240K range and potential market rents around $1,700/month, delivering a compelling value-add opportunity with no red tape.