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William Allen
  • Investor / Wholesaler
  • Nashville, TN
666
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Great Molino, FL Flip Or Buy And Hold - 2 Properties On 1.5 Acres

William Allen
  • Investor / Wholesaler
  • Nashville, TN
Posted Jul 30 2016, 12:43
FIX AND FLIP OR RENTAL ON 1.5 ACRES OF LAND!


TWO PROPERTIES ON THIS LARGE LOT


We are selling our assignable purchase contract on the property below.

7789 Sunshine Hill Rd
Molino, FL 32577



MAIN HOME
3 bedroom / 2.5 bathroom
2,416 Sq Ft ranch home
1.5 acre
Built in 1969

DOUBLE WIDE MOBILE HOME
3 bedroom / 2 bathroom
1,404 Sq Ft Double Wide MH
Built in 2004
MH title in hand
MOVE IN READY, No repairs required


ARV = $250k +

RENT:
$1,500/mo for the main house
$900/mo for the MH


PHOTOS

Wholesale Price = $133k OBO

This property comes with a double wide 3br 2ba mobile home that is move in ready. The main home features 3br and 2 and a half baths with a bonus room. Open kitchen and living room combination with a beautiful fireplace. All bedrooms are located down the hall and offers privacy away from the common areas. New roof and water heater.

The main home needs some cosmetic repairs. Some ceiling repair that wasn't completed after the new roof was installed. New flooring needed in bonus room, some drywall repair, trim. One full bath gut the other just needs cosmetic touches. Paint inside and out and the front deck on the house needs to be replaced. A/C needs attention but there are window units that are cooling the house fine if keeping it as a rental.

Estimate $30-40k in repairs for a flip

Estimate $10-15k for a rental

Both properties are occupied so please don't disturb the tenants. They will be vacant prior to closing. Contact us to schedule a showing.

To submit an offer contact Bill Allen to obtain our contract package, 850-483-1761 or [email protected].

Offering