Here are two separate lots with one mobile home. Currently, the lot behind mobile home is vacant but used to have a mobile home on it. The property is is still set up as such but one of the mobile homes was removed. The mobile home on front lot features two bedrooms, one and a half bathrooms, and 672 square feet. Chain link fence separates the two lots. There is a large shed on the vacant that can be used for storage. Current tenant has been in place for many years and is currently set up on a month-to-month lease at $550 per month, well below current market rates. With a little bit of TLC and increased rent, an investor should fetch closer to $750 per month. The most profitable approach to this property is to add another mobile home to the vacant lot and rent it out. This would essentially double the rental income! The property is located in Tampa just on the outskirts of Brandon and is tucked away in a quiet and private neighborhood. As it currently sits, the "Just Market Value" of the property is over $82,000. For more information, please contact your advisor.
Tampa Mobile Home Value-Add
2 bed / 1 bath672 sq ft Built in 1970Single Family
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