Manufactured Home on LAND! Huge Profit!

King County, Renton, WA, 98058
Sold
Listed at: March 20th, 2024
Price
$250,000
ARV
$450,000
Gross Margin
$200,000
Sq. Footage
1848
Type
Manufactured
Parking
Off street
Year build
1985
Lot size
0.46 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

This is a structurally solid manufactured home on almost a 1/2 acre of land, in a terrific area. 1700 sq ft, 3 bed, 2 bath. Needing mostly cosmetic work, this home is ripe for a healthy fix and flip, for a really strong profit (see comps below). Really strong comps in the area (see below) put the ARV at $450,000. 

Comps:

17037 190th Ave SE, Renton          1,856 sq ft     3 bed, 2 ba     $571,650

18908 SE 116th Pl., Issaquah          1,248 sq ft     3 bed, 2 ba     $650,000

17730 SE Petovitsky Rd, Renton     1,680 sq ft     3 bed, 2 ba     $526,000    

 

CLICK LINK ABOVE TO SEE ADDRESS

 

 

**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Matt Williams

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Disposition manager