Posted by John (TN) on October 28, 2003 at 12:25:53:
Value is greatly affected by location, location and location. Where is it? How old is it?
Is there a deal here? - Posted by Jon
Posted by Jon on October 28, 2003 at 11:51:01:
3 bedroom 2 bath
12x65 with a 12x34 screen porch addition
2 storage spaces
washer and dryer included
owned free and clear
Seller is asking $60,000.00 but in my opinion would be open to a lower offer, she has also stated that she would owner finance.
Lot lease is $4200.00 per year (350.00 per month)
Seller states that she thinks it would rent for between 400-500 per month.
Is there a deal here?
It’s a great deal if… - Posted by Dr. Craig Whisler CA NV
Posted by Dr. Craig Whisler CA NV on October 28, 2003 at 15:07:01:
…you are sure you can resell it for $120,000-$180,000.
You want to double or triple your money on each deal. How else will you make a profit? Can you do that with this mobile home at this price? If so go for it. If not, suicide would probably be a better choice.
You also neglected to tell us the year. Might be a deal if it is a 2015 year model, who knows?
Regards, doc
Also - unless the home is located - Posted by John (TN)
Posted by John (TN) on October 28, 2003 at 12:37:48:
on the California coast or in some other highly sought-after area, there is no deal here.
I recently bought a 1997 16x80 3/2 home for $7,000, including back taxes and lot rent.