This mobile home is located in Apopka, in the prime zip code of 32703. A bonus with this home, is that the land is included. It’s currently the second cheapest property in the entire zip code. The tenants have been there for over four years. They currently pay $1,000 per month, and the lease ends 5/31/2024. All MLS rental comps support a market rent of around $1100 a month, which can make this little gem a cash cow.
The HOA includes a gated community, pool, maintenance, security, sewer, trash, water, fitness center, playground, and golf carts are accepted.
We recommend minor repairs to the property, including new ceiling fans and a larger, window AC unit as he tenants have expressed interest in staying.
This buy & hold offers over $13000 in instant equity and strong cash flow. Call your EquityPro Advisor today to secure this investment.