Low Cost Georgetown Mobile Home Flip

Description

Located in Georgetown, is this 2 bedroom, 2 bathroom, double wide mobile home. This home currently has a tax assessed value of $96,910, giving a savvy investor the ability to purchase this home at a major discount. The roof was replaced in the last three years, with no active signs of leaks. The home will need a few interior updates in order to list this for top dollar. We recommend updating the floors, painting inside and outside, along with giving both the kitchen and bathrooms a fresh update.

Another potential option is to hold this as a long term rental. Market rent in the area is about $1200 per month, and should allow the new owner to cash flow, while allowing for appreciation. Homes under taxable value are hard to come by.