Lannie Rd, Jacksonville, FL 32218
2 MANUFCACTURED HOMES ON 2 PARCELS / OVERSIZED LOTS W/ 8.5 BUILDABLE ACRES THAT CAN BE SUBDIVIDED
The last frontier of north Jax with many options to make a nice 6-figure return on investment!
You know when you talk about how you, or your parents, or grandparents should have pulled the trigger and bought that property back in 1980 something? And how you would have made a killing on it now?
This is one of those properties.
Two manufactured homes to provide immediate rental income.
8.5 acres that could be subdivided.
Buy this one property and put 4 homes on it.
Buy this property, subdivide the land, sell off other pieces of the land.
How do you want to make money with this?
The manufactured homes alone could have a combined ARV 550K with some rehab done, before you even make a move on the land. Land is getting scarce around Jax.
BOTH HOMES: 3 BEDS / 1 BATH
WHITE / YELLOW HOUSE: 1,577 SQ FT (TOTAL SQ FT: 2,016)
BLUE HOUSE: 1,597 SQ FT (TOTAL SQ FT: 2,197)
MARKET RENT: $1,950
CHECK OUT HOME COMPS, LAND COMPS, PHOTOS, AND VIDEOS BELOW
MANUFACTURED HOMES COMPS:
1.) 15443 NORMAN AVE N, JACKSONVILLE, FL 32218
SOLD FOR $265,000 ON 02/06/2023
2.) 1469 EASTPORT RD, JACKSONVILLE, FL 32218
SOLD FOR $300,000 ON 10/17/2022
3.) 523 BIRD RD, JACKSONVILLE, FL 32218
SOLD FOR $270,000 ON 09/23/2022
4.) 2997 PERCY RD, JACKSONVILLE, FL 32218
SOLD FOR $285,000 ON 09/08/2022
5.) 11065 KER-DEL RD, JACKSONVILLE, FL 32218
SOLD FOR $275,000 ON 07/01/2022
6.) 15666 SEARS RD, JACKSONVILLE, FL 32218
SOLD FOR $279,000 ON 06/17/2022
LAND COMPS:
1.) 2059 NEW BERLIN RD, JACKSONVILLE, FL 32218
3 ACRES
SOLD FOR $419,154 ON 11/21/2022
2.) 13129 GILLESPIE AVE, JACKSONVILLE, FL 32218
3 ACRES
SOLD FOR $285,600 ON 11/20/2022
3.) 17146 ETHEL RD, JACKSONVILLE, FL 32218
5 ACRES
SOLD FOR $84,000
4.) 0 PERCY LN, JACKSONVILLE, FL 32218
2.5 ACRES
SOLD FOR $98,000 ON 11/17/2022
5.) 0 ARMSDALE RD, JACKSONVILLE, FL 32218
1 ACRE
SOLD FOR $80,000 ON 11/07/2022
6.) 229 BERNARD RD, JACKSONVILLE, 32218
1.6 ACRES
SOLD FOR $65,000 ON 10/25/2022