Gated Leesburg Flip

Gated Leesburg Flip

3 bed 2 bath 1818 sq ft Built in 2003 Single Family
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73
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
13/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

WALK-THROUGH VIDEO: 

https://drive.google.com/drive/folders/1upCaxpbZTYvkC-2Tb6WzEYqHWmLVmjIL?usp=sharing

Don’t miss this clean and well-maintained investment opportunity overlooking the beautiful Crane’s Roost Golf Course. Enjoy picturesque views of the 10th, 11th, and 12th holes—perfect for golf enthusiasts or anyone who appreciates a peaceful, scenic setting.

The property features a desirable split-bedroom floor plan that provides privacy and functionality. It appears to need only a very light rehab, making it an excellent option for a rental, seasonal property, or resale opportunity.

The A/C was replaced in 2023. The exact age of the roof is unknown; however, based on its current condition, it appears to be significantly newer than the original 2003 construction and is estimated to be approximately 8–10 years old. Buyers should complete their own inspection and due diligence.

Although this is a 55+ community, an investor should still be able to purchase, renovate, and resell the property. The age restriction generally applies to the property’s occupant rather than an investor completing the renovation.

Located in a private, guard-gated community with only 47 units, residents enjoy a quiet and close-knit atmosphere along with a wide range of amenities.

Community Features:

  • 24-hour guard-gated security
  • Golf course views
  • Community pool
  • Clubhouse
  • Restaurant
  • Tennis courts
  • Racquetball
  • Golf carts permitted
  • Sidewalks
  • Private roads
  • Deed-restricted community

Community Fee Includes:

  • 24-hour guard
  • Community pool and pool maintenance
  • Maintenance of common areas and grounds
  • Private road maintenance
  • Security
  • Community management
  • Common-area taxes
  • Insurance

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We recommend flip
Rental Income
$2,500 mo. / $30,000 yr.
Estimated Taxes
$2,910 / yr.
Maintenance
$250 / yr.
HOA Dues
$2,160 / yr.
$22,680
Projected Income
9.55%
Estimated APY
$72,000
Projected Income
22.64%
Estimated ROI

Comps

 
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Sold

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