Brooksville Flip on 10 Acres

Description

Here’s your chance to return this modern farmland flip, back to the charm it once had. This rare 10-acre flip will appeal to horse lovers and families, looking for extra space in their lives. The property comes with a full-sized arena, a six-stall horse barn, a three-stall stud barn, and three large pastures. The block home was custom built in 2001 as a split plan layout with high vaulted ceilings. It will need a full cosmetic interior update, as well as exterior cleanup, tree trimming, and a new roof.

Comparables include a home built in 1965, on 20 acres, selling for $855,000; an uncleared, 10-acre lot, that sold for $226,000; and a 13 acre, larger built home pending at $1.2 Million. We’ve stayed extra conservative with a $765,000 ARV. Don’t miss this great opportunity.