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Riverview, FL, USA


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After Repair Value : $795,000 PROPERTY DETAILS 4 Mobile Homes and 1 Single Family Home 11 bed 7.5 bath 4,588 sq ft Rehab Projection : $60-80,000 Here's an excellent opportunity to add cash-flowing rentals in the high-demanding region of Riverview, FL! These total of five properties feature a total of 11 bedrooms, 7.5 bathrooms, and 4,588 square feet of living space. Three parcels are adjacent to each other and the other one is just a 15-minute drive away. 4/5 of the properties are mobile homes, two of which are 3/2 double wides. One property is a 1/1 single family that shares the parcel with one of the mobile homes. All the properties are currently tenant-occupied with stable tenants renting for $5,233.33/month. The current rent is on the lower end and can be increased given how much the Riverview area has grown. After conducting further research and noticing rental market trends in the area, we have estimated a conservative $7,000 total rental income per month. That number brings you to an average of $1,400 per door! We recommend putting in some Value-Add towards the properties and increasing the rents for an increased monthly cash flow. Opportunities like this are rare in Riverview, so please contact us ASAP with serious interest. COMPS 12110 Anderson Dr, Riverview, FL 33579 $285,000 | Sold 05/30/2023 3 bed / 2 bath | 1,568 sq ft Fully updated mobile home 12107 Anderson Dr, Riverview, FL 33579 $199,000 3 bed / 2 bath | 1,782 sq ft Mobile home, not updated; Pending in 4 days NOTE: THIS IS WHOLESALE DEAL - All offers are Cash or Private Money Only - Minimum non-refundable deposit required - Properties are sold AS-IS with NO contingencies; Please inspect first. - Buyer pays all closing costs. - Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary. Text/Call (202) 743-1888. Marcos