Are you looking for your next deal? 🤑🔥🤯140k Gross Spread Marion County 🤑🔥🤯 60k Purchase Price 🤑🔥🤯

Ocklawaha, FL, 32179
Sold
Listed at: October 3rd, 2024
Price
$60,000
ARV
$200,000
Gross Margin
$140,000
Sq. Footage
1338
Type
Single-Family
Parking
Off street
Year build
1970
Lot size
2.02 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Marion County - Cheap House - Incredible Returns

Discover a hidden gem with endless potential! This peaceful property, sitting high and dry on over 2 acres, boasts a good location just a short drive from Ocala and close to a nearby airport. With expansive views of a serene lake, this property offers the ideal retreat for those seeking quiet, nature-filled living. It's a dream spot for fishing, hunting, or simply unwinding in a peaceful, natural setting. While the home itself needs some TLC, the opportunity to add value is undeniable. Investors, this is your chance to secure a well below market deal and transform this lakeside retreat into a lucrative investment. With plenty of space and an unbeatable location, the possibilities are endless whether you're looking to flip, rent, or create a stunning personal getaway.

 

Property Condition

Water Heater - 15 years old
Roof - 15 year Metal Roof
AC - 18 Years
Electrical and plumbing in good working condition
No Structural issues

See the pictures and Inspection report below!!!

 

Exit Strategies

  • Rents for 1250
    • 2% Rule!
    • All in 70% 
    • 20% Cash on Cash Return!
  • Flip 
    • 40k Net Profit with 200k ARV and 60k in Repairs
    • 30% ROI on your Capital
  • Airbnb
    • 140k in Equity
    • Hunting Cabin
    • Peaceful Getaway 


Want this deal?

Call Justice NOW (321) 221-5275

 

Get the deal now for $60,000 plus closing costs...cash or hard money buyers only, Realtors - add your fee on top!

Contact Justice at (321) 221-5275 for showing instructions

**Buyers do their own due diligence *Seller of this property either owns or has equitable contractual interest in the properties marketed *Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that it is purchasing the property in "as is, where is' ' condition.
Videos

Exterior Walkthrough

Interior Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Justice Soto

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