Cash Flow Like A Mo-Fo! 5 OFF MARKET Mobile Homes

Whitfield County, Dalton, GA, 30721
Sold
Listed at: May 8th, 2021
Price
$120,000
ARV
$200,000
Gross Margin
$80,000
Sq. Footage
0
Type
Attached
Parking
Assigned
Year build
1964
Lot size
0 acres
Bedrooms
10
Bathrooms
2
Half Bathrooms
0
Summary

This deal is actually 5 single wide mobile homes PLUS a vacant lot!

234 built in 1971 parcel 8013914

248 built 1964 parcel 8013911

264 built 1964 parcel 8013915

260 built 1985 parcel 8013922

240 built 1974 parcel 8013921

Zell Dr has no physical address parcel 12-280-52-000

Total cash flow is $2,375 per month! (5x$475)

All tenants are month to month.. some week to week but have all been there 2-4 years

This deal cash flows like nothing you have ever seen! Any rent and deposits transfer at closing as well as all leases will be assigned. Taxes are prorated as of the date of sale! Buy this one and stabilize it long enough to get your initial investment back and then start dropping in used trailers to replace these to bump the rents!

Also includes an empty lot!!


Here is the link to the folder with photos of each unit. https://drive.google.com/drive/folders/1bW5K8e6bYAQrJZ9waJuxlZrzhlcXrRXh?usp=sharing

All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record.I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.
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Off-Market Dalton Mobile Home Package

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

David Olds

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Disposition manager