MH Flip Opportunity in Lakeland Timber Path, Lakeland, FL. 33805
Property Detail
Property Description
This is an off-market flip opportunity in Lakeland. The property is a manufactured home but there are solid comps in the area.
Roof is only 1 year old, the septic is updated and it has underground electricity. This lot is nearly 2x bigger than most in the area. The house is dated on both inside and outside and will need a full cosmetic rehab.
Like mentioned before there are multiple manufactured homes being flip in this neighborhood. There are 2 comps that recent sold for $123 and $127 a square foot. And there is pending rehabbed comp at $169k which will help further justify your ARV when it closes. The ARV for this house could be as high as $165,000 but even at a conservative $140,000 you have a great return.
