4d (edited) • Deal Flow, Pipeline, & Offers
Florida panhandle
Looking at opinion on a park in the panhandle. Greater Pensacola mkt. 56 lots all poh. Mix of 2-3 bed units. $250-500 under market poh rents on decent stock homes. County approved 10 expansion lots. City sewer and water master metered and billed back. Dumpster trash. Mom and pop ran. Asking 3.2m with seller carry at decent numbers. 20%down 30amm 5 balloon, 5%.
Plan is to rto all units at 850m avg , bill back all utilities, software etc and add 10 homes into the approved lots.
1m from Walmart and town infrastructure. Great school zones, economy is solid and growing.
Critique the deal and let me know thoughts on Fl. New market for me
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Florida panhandle
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