Oak Harbor, WA off-market deal on acreage!!🏠💰

Island County, Oak Harbor, WA, 98277
Sold
Listed at: November 21st, 2022
Price
$145,000
ARV
$550,000
Gross Margin
$405,000
Sq. Footage
997
Type
Manufactured
Parking
Driveway
Year build
1975
Lot size
2.94 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Scrape and build opportunity (we've done these deals before, and even though the manufactured home is livable, this is the highest and best use of the land by far) 2.94 acre lot!!


Scrape and new manufactured home numbers:

  • Scrape current manufactured house: $6,200
  • Scrape Shed/outbuilding: $6,000
  • Landscaping $2,000
  • New manufactured home 3/2 1200 sq ft: $160,000
  • ARV: 450,000-600,000 (No good comps)


Price: $145,000

Scrape and build costs: $175,000

ARV: $550,000

Estimated gross profit: 230,000💰


All offers will be considered!


Call David at 512-980-1040 if interested!

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

David Comstock

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Disposition manager