Updated almost 6 years ago on . Most recent reply
Hold for appreciation
Looking at a property that is approximately 1.5 acres near a major golf destination ( 2 miles). On this rural property is a well maintained 3/2 mobile home with a two car garage plus a shed in the back area far away from the home. In this area are several homes in the 4-500k range as well as other well maintained mobile homes. I am considering purchasing this as a long term appreciation hold and maybe a short term golfers use or long term 6-12 month rental. Also this is in Florida so could list as winter over property for golfers or snowbirds.
List is around 100k. If I hold for a year or so I think I could resale for at least 120 Need to do some more homework about rental possibilities. Hope to get a showing this weekend Any input from anyone would be appreciated. Not much info I know I will update thread as I get more information.