3/2 Manufactured Home w lot |FTL Estates |Fix & Flip or Rental |90% Hard Money Avail. w Assignable GC contract

3 Beds / 2 Baths • 1,072 SqFt
Offer Submission Deadline
  • Mobile Home
  • 3
  • 2
  • 1972
  • 1072
  • 1072
  • No Garage

Description

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Compelling Investment Opportunity – Fort Lauderdale 3/2 Mobile Home

This 1972-built mobile/manufactured home offers 1,072 sq ft of living space on a 3,753 sq ft lot. Located in a desirable neighborhood with convenient access to major highways, shopping centers, and the Fort Lauderdale–Hollywood International Airport.

Investment Overview:

Purchase Price: 175k

Rehab Estimate: 35k

After Repair Value (ARV): 260,000 – 280k

Estimated Closing/Holding Costs: 15,000

Fix & Flip ROI:

Total Investment: 225k

Projected Sale Price (ARV): ~270k

Estimated Net Profit: ~45k

ROI: ~20%

Buy & Hold (Rental) ROI:

Estimated Monthly Rent: 2,575

Annual Rent: ~31k

Annual Expenses: ~8,000

Net Operating Income (NOI): ~23k

Cap Rate: ~10.9%

Property Condition:

Roof: Fair condition

HVAC: Needs replacement or minor repairs

Plumbing & Electrical: Functional, may need TLC

Foundation: Stable

Interior: Full renovation needed

Transaction Details:

Closing Date: July 23, 2025

Occupancy: Vacant

Access: Lockbox

Title Company: United Home Title & Escrow

EMD: 5,000

Proof of Funds: Not Required

Next Steps:

Schedule a walkthrough

Make an offer

Sign the agreement

Send EMD within 3 hours

Lock it up & start making money

Comparables

  • 2910 SW 58th St: Sold 349,000 on 2/3/2025
  • 2941 SW 54th St: Sold 273,000 on 4/30/2025
  • 2923 W Marina Dr: Sold 350,000 on 3/12/2025

Estimated Spread

  • ARV $280,000
  • Price $174,990
  • Spread $105,010

DOCS

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Malihaus_Capital_Before_After_Presentation_Updated.pdf

38kb
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