Investors, take a look at the numbers on this one!
Here's an opportunity to pick up a 1998 double-wide manufactured home with land in Bowman, South Carolina, for just $39,900!
Featuring approximately 1,580 square feet, a seller-reported 3-bedroom, 3-bathroom layout, and a sizable lot, this property offers a low acquisition price and substantial potential upside for an investor who knows how to renovate and reposition manufactured homes.
With a projected after-repair value of $140,000, this could be an attractive renovation-and-resale opportunity for the right buyer.
INVESTMENT NUMBERS
Purchase Price $39,900
Projected ARV $140,000
Estimated Rehab Budget $30,000
Total Purchase + Rehab $69,900
Potential Spread Before Other Costs $70,100
Purchase Price as % of ARV 28.5%
FLIP EXIT STRATEGY — ILLUSTRATIVE SCENARIO
Purchase: $39,900
Estimated Renovation: $30,000
Total Acquisition + Renovation: $69,900
Projected Resale at ARV: $140,000
Gross Spread Before Other Expenses: $70,100
Allowing an illustrative 10% of ARV ($14,000) for holding, closing, resale, and related costs leaves approximately:
$56,100 IN POTENTIAL PRE-TAX PROFIT
That's a potential 40.1% profit margin on the projected resale price, assuming the home achieves the stated ARV, renovations stay on budget, and the estimated additional costs are sufficient.
This is a hypothetical investment scenario, not a guaranteed profit. Buyers must independently verify resale comparables, rehab costs, title requirements, financing, and marketability.
PROPERTY DETAILS
Property: Double-wide manufactured home with land
Year Built: 1998
Living Area: Approximately 1,580 SF
Bedrooms: 3 (seller-reported)
Bathrooms: 3 (seller-reported)
Lot: Approximately 0.60 acres reported; acreage to be verified
Condition: Dated interior with renovation potential
Roof: Reportedly original to the home
Photos and Video: Available for investor review
Investor Asking Price: $39,900
WHY THIS DEAL DESERVES YOUR ATTENTION
1. LOW ACQUISITION PRICE — JUST $39,900
Finding nearly 1,600 SF with land at this price point gives experienced investors room to evaluate a renovation strategy without tying up six figures in acquisition costs.
2. SIGNIFICANT VALUE-ADD OPPORTUNITY
The home has an older, dated interior and presents an opportunity for updates and improvements.
Investors can evaluate flooring, paint, fixtures, kitchen and bath improvements, roof condition, and other necessary repairs to determine the appropriate renovation scope.
3. PROJECTED $140K AFTER-REPAIR VALUE
Our working ARV is $140,000, creating a substantial difference between the proposed purchase price and potential renovated resale value.
The ARV is an estimate and should be independently validated against comparable manufactured-home sales.
4. MANUFACTURED HOME WITH LAND
This opportunity includes a reported land component, giving investors the ability to evaluate both the structure and underlying real estate as part of their acquisition strategy.
The manufactured home and land currently have separate title documentation, and the home is reportedly not permanently affixed. Buyers should confirm conveyance, financing, and title requirements before purchase.
5. MULTIPLE POTENTIAL EXIT STRATEGIES
FIX & FLIP: Renovate the home and evaluate resale near the projected $140K ARV, subject to comparable sales and market demand.
BUY & HOLD: Renovate and evaluate the property for long-term rental use. Local rent levels, operating expenses, and rental demand must be independently verified.
LONG-TERM VALUE-ADD: Acquire at a low entry price, complete necessary improvements, and hold or resell based on market conditions.
BOWMAN, SOUTH CAROLINA
Located in Bowman, SC, this property offers an affordable investment opportunity for buyers experienced with manufactured homes and rural-market real estate.
Experienced manufactured-home investors, rehabbers, and cash buyers—this one is worth a closer look!
UNDER $40K WITH A PROJECTED $140K ARV!
INVESTOR PRICE: $39,900
PROJECTED ARV: $140,000
ESTIMATED REHAB: $30,000
POTENTIAL PRE-TAX FLIP PROFIT: $56,100 — ILLUSTRATIVE ONLY
CONTACT EVAN TODAY!
Reach out to Evan with ezREIclosings for property photos, walkthrough video, additional details, and purchase information.
SERIOUS CASH BUYERS — SUBMIT YOUR OFFERS!
Property sold as-is. Buyer to independently verify property address (567 vs. 589 Bowman Branch Highway), acreage, bedroom/bathroom count, occupancy, square footage, condition, repair costs, manufactured-home and land titles, financing eligibility, and all property information. The home is reportedly not permanently affixed and has separate title documentation from the land. ARV, rehab, resale proceeds, and profit calculations are estimates only. Actual results may differ materially. No guaranteed return or specific exit strategy is represented.
More About This Property
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $140,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $326,000.