2 acre mobile home in Yulee !!

85315 Wesley Rd in Yulee, FL is a rare investment opportunity situated on over 2 acres of land, featuring a solid 3-bed, 2-bath home with 2,280 sq ft of living space and a 768 sq ft detached CBS garage—perfect for conversion, storage, or a workshop. Built in 1997 and located in a quiet, no-HOA area, the property offers flexibility and upside potential, especially given its proximity to Amelia Island, Fernandina Beach, and Jacksonville. With a purchase price of $219,990 and an estimated ARV of $340,000, this asset offers a projected ROI of over 30%, excluding closing and holding costs.

Transaction Details

• Closing Date: 6/16/2024
• Occupancy: Owner occupied, Buyer must assume a 30-day post occupancy with a 10k escrow holdback from the seller. 
• Access instructions: Lockbox
• Title company: United Home Title & Escrow
• Earnest money required: $5,000.
• Proof of funds required: No

Property Condition

• Roof: Fair conditions
• HVAC: Needs new 
• Plumbing: ok, them may need some tlc
• Electrical: ok
• Foundation: ok
• Interior: Needs all interior
• Other Property Details: Has a 768 CBS Detached Garage , the property sits on 2 acres.

Comparable Properties

1. 85092 MINER Rd - Sold $320k: 2280 sqft | 4/2 | 5/12/2025 (1 acre land) 
2. 85131 Deleene Rd - Sold  $399k : 2944 sqft | 3/4 | 12/31/2024 (1 Acre) But larger home 
3. 85700 Dick King Rd - Sold $303k: 1,976 sqft (Smaller)| 4/2 | 5/12/2025 (1 acre land) 

Next Steps

• Contact us if you need more information
• Schedule a property walkthrough (if applicable) 
• Make an offer directly on this page
• Sign assignment agreement or a straight direct agreement 
• Send EMD within 3 hours of signing the agreement 
• Lock up the Deal 
• Make MONEY and REPEAT :) 

🔁 Fix and Flip ROI:

Total Investment:

• Purchase: $219,000
• Rehab: $50,000
• Estimated Closing/Holding Costs (buy + sell): ~$20,000
• → Total: ~$289,000

Profit:

• Sale Price (ARV): $340,000
• Total Investment: $289,000
• Net Profit: ~$51,000

ROI Formula:

ROI = (Profit / Total Investment) × 100

ROI ≈ (51,000 / 289,000) × 100 = ~17.6%

🏠 Buy and Hold (Rental) ROI:

Let’s assume:

• Estimated Monthly Rent: $2,200 (based on comps for 3/2 on acreage in Yulee)
• Annual Rent: $26,400
• Annual Expenses (taxes, insurance, maintenance, mgmt): ~$8,000
• Net Operating Income (NOI): ~$18,400

Cash Invested:

• Purchase + Rehab: $269,000
• Assume no financing for simplicity

Cap Rate (NOI / Total Cost):

Cap Rate = 18,400 / 269,000 ≈ 6.8%

Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale or direct contract as Double Close (if applicable) . . Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate, but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing, and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors