$20,000 · JACKSONVILLE, FL 32221
Works for flippers · The rent looks wrong

Available

$20,000Asking price

3 bd · 2 ba · 1,400 sq ft · built 1989

JACKSONVILLE, FL 32221

No contract on file

via InvestorLift Classic

5 views · listed Sep 14

Works for flippers

The rent looks wrong

Flip

Rental

Sells for (ARV)From the listing: $50,000
Asking price: −$20,000
RepairsMiddle of the seller’s $10,000 – $15,000. Ours: $15,500 – $33,000: −$12,500
Loan, holding, closing20% down, 12% interest, 2 points, 65 days: −$2,762
Profit29.5% of ARV · flippers want 10%+: $14,738
Works

Works for a flipper up to $29,000.

INS INVESTMENT PROPERTIES

External - Casey

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Sales

Rents

ARV $50,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $330,000.

The sales behind this value are shown to members.

ARV $50,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

INS INVESTMENT PROPERTIES

External - Casey

No reviews yet

8995 Normandy Blvd #253, Jacksonville, FL 32221

Property Type: Mobile/Manufactured Home – Double-Wide

Year Built: 1989

Size: Approximately 28 × 50

Bedrooms: 3 Bathrooms: 2

Occupancy: Vacant for a couple of months

Land: Leased lot – seller does not own the land

Lot Rent: $700/month

Property Highlights & Condition:

Spacious 3-bedroom, 2-bathroom double-wide manufactured home
Located in a mobile home/trailer park
Previously used as a rental property
Currently vacant and available for renovation or future rental
Property needs repairs and improvements
Both bathrooms need work
Back porch needs repairs
Roof age is unknown
Cooling is provided by window units
Fireplace
Back porch
Great value-add opportunity for an investor willing to complete renovations
Buyer to verify all property details, park requirements, lot rent, and restrictions

𝐂𝐀𝐋𝐋/𝐓𝐄𝐗𝐓: Casey (786)706-5643