Property Breakdown:198 Sycamore Rd – 2 Bed / 1.5 Bath – Rented at $1,200/month53 Elm Rd – 2 Bed / 1.5 Bath – Rented at $1,200/month69 Elm St – 2 Bed / 1 Bath – Rented at $1,000/month28...
Property Breakdown:
198 Sycamore Rd – 2 Bed / 1.5 Bath – Rented at $1,200/month
53 Elm Rd – 2 Bed / 1.5 Bath – Rented at $1,200/month
69 Elm St – 2 Bed / 1 Bath – Rented at $1,000/month
281 Holly Dr – 3 Bed / 1.5 Bath – Rented at $1,200/month
Total Monthly Income: $4,600 Annual Gross Income: $55,200
Highlights:
Coastal investment in a highly desirable rental market
Fully occupied with long-term tenants
Homes are affixed to land and classified as real property
Turnkey, income-producing from day one
Clean title, ready for assignment
We work with agents and offer commission for buyer referrals
Investor Insights:
Opportunity for rent increases or short-term rental conversion
Strong long-term appreciation potential in Southport
Low-maintenance portfolio ideal for steady cash flow
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Additional details
Type
Mobile Home
Parking
Unassigned
Built in
1985
Lot size
0.235 acres
Price$470,000
ARV
$550,000
Gross margin
$80,000
Select Open House Date
Are you sure you want to cancel this request?
Make offer
* Minimum EMD amount is $10,000
Make offer
Please upload proof of funds to increase the chances of your offer being accepted.
Make offer
Financing
Buying Company Name
Offer Amount
Total Offer
EMD Amount
Offer successfully submitted!
We will notify you when your offer is accepted or rejected.