Bushnell Flip on nearly 5 Acres Bushnell, FL. 33513
Property Detail
Property Description
This is an off-market manufactured home on 4.85 acres. This MH offers newer metal roof, split bedrooms, open floor plan, vaulted ceilings, spacious kitchen, additional fencing for live stock and 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.
This property will need basic cosmetic interior updating to flip. Rehab includes kitchen, bath, paint and floors.
This deal was hard to comp and had to use a mix of single family homes and manufactured homes. Due to this being in a rural area you have to go out further than a mile for some of the comps.
There was one similar sized and updated Manufactured Home (7564 CR 614A) 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). Additionally, there were 2 updated Single Family Homes within 0.50 mile radius of the subject property that sold at an average $150k sales price. 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 Acres. One of them only had 2 bedrooms as well.