2city lots with mobiles - Posted by Dee-Texas
Posted by Dee-Texas on November 22, 2000 at 07:48:45:
Hello all and happy thanksgiving.
I found a FSBO that had two lots side by side with a 1992 3/2, nice, doesn’t have central air, needs just clean up. The other is a 1969 2/1 belonged to her grandmother, it needs some windows fixed, paneling, it has CH&A but haven’t checked it out yet. It’s in a nice neighborhood, they haven’t lived in it for the last 6 months. The lots need quite a bit of clean up. It does have 4 storage units on the two lots. No back taxes. This is seen as real property.
The lots cost 3K in this part of town empty. One nice mobile and the other needs work. She’s asking $15,900.00 for the combined lots and mobile homes. She’s remarried and doesn’t want the hassel of renting them.
We’ve talked and she will take $13,500 for them but I need advice.
That breaks down to each home and each lot approx. $3400.00. Is this a good deal? I think that the good mobile can give me the extra money to fix the other…
After my mobile from He!!, I’m leary…
BTW the mobile home park that I have been working on is a no go…Woman isn’t as motivated as SHE thought. Still hanging on to her price…