Priced to sell fast!!! Comparable sales make this investment property make lots of sense. Mobile home has a lovely, open interior. Approx 1.28 acres that stretches back into the commercial C-1 zone frontage of highway 50 (see picture 2). The mobile home was over-improved 5 years ago and has been maintained by owner since as a rental property. Everything is in good working order. New back deck, A/C/heater unit, new washer and dryer room in back. New Huge kitchen with added counter space. Open living room. Walk in master closet. Lots of land to use! This property was used as a rental for the past 5 years and has been a real cash cow. Seller moved and wants to liquidate. Currently rented by reliable tennant for $700/month and a $1000
deposit. Invest now in this already cash flowing property and get a secure a 12-14% net return AFTER property taxes and reserves! Then who knows what will happen in the next few years as commercial development continues east down the hwy 50 corridor! Seller will consider owner financing with $20-30k down, depending upon terms. Dont miss this!
Full Property Details
Full Property Detailsfor 16209 Old Cheney Hwy
Sold For: $50,000
Type: Mobile Home
MLS ID: O5078116
Added: 2, 377 day(s) ago
Interior Features: Walk In Closet
Appliances: Water Softener Owned, Refrigerator, Range Hood, Oven
16209 Old Cheney Hwy, Orlando, FL 32833 (MLS# O5078116) is a
Mobile Home property that was sold at $50,000 on September 26, 2013.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.