Low-Effort High-Return Investment in Peoria

  • Asking $199,000
7027 W Nancy Rd, Peoria, AZ 85382, USA
Featured Sold Huge Lot
7027 W Nancy Rd, Peoria, AZ 85382, USA
  • Asking $199,000

Overview

Property ID: toc-27684
  • Mobile Home
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 1496
  • sqft
  • 1981
  • Year Built

Description

Nestled in the heart of Peoria at 7027 W Nancy Rd, this 3-bedroom, 2-bathroom double-wide home presents an exceptional investment opportunity for investors interested in mobile homes. Priced significantly below its after-repair value (ARV) at just $199,000, with comparables around $304,000, this property promises remarkable profit margins for those ready to unlock its full potential. Imagine the possibilities as you add simple touches like fresh paint and carpeting, transforming this spacious residence into a highly sought-after gem.

Key Investment Highlights:

  • Substantial Profit Potential: Priced significantly below its after-repair value (ARV) at just $199,000 with comparables around $304,000, this property ensures a substantial return on investment, highlighting the great opportunity for profit with minimal upgrades like paint and carpet.
  • Spacious and Flexible Living: The property boasts a double-wide layout, an Arizona room, and a huge 2-car carport on a very large lot, offering versatility and ample space for both indoor and outdoor living.
  • No HOA Constraints: The absence of an HOA presents a unique opportunity for investors to renovate or expand without the usual restrictions, adding further value to the property.
  • RV Parking and Extra Storage: With plenty of room for RV parking and an extra storage shed, the property caters to a wide range of needs, enhancing its appeal to potential renters or buyers.
  • Built-In Convenience: Featuring many built-ins, including a master bedroom split, inside laundry room, and built-in desk and cabinets, these elements add functional charm and convenience, making the property more attractive.
  • Enhanced Outdoor Living Potential: The large lot size not only provides privacy but also offers endless possibilities for outdoor activities, gardening, or expansion, further increasing the property’s value.
  • Below ARV Pricing for Substantial Profits: The attractive price point combined with the property’s potential after simple enhancements ensures investors can achieve significant gains.

 

This property stands as a blank canvas, eagerly awaiting the visionary investor ready to swiftly capitalize on its potential. Whether your goal is to flip for immediate profit or establish a lucrative rental, the possibilities are limitless. Seize this opportunity now by reaching out to Anette Brown at (602) 448-7377 to place your offer or arrange a viewing.

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Details

Updated on March 27, 2024 at 10:21 am
  • Property ID: toc-27684
  • Price: Asking $199,000
  • Property Size: 1496 sqft
  • Lot Size: 9249 sqft
  • Bedrooms: 3
  • Bathrooms: 2
  • Garages: 2
  • Garage type: Covered carport
  • Year Built: 1981
  • Property Type: Mobile Home
  • Property Status: Sold
  • Address 7027 W Nancy Rd, Peoria, AZ 85382, USA
  • City Peoria
  • State/county Arizona
  • Zip/Postal Code 85382
  • Country United States

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DISCLAIMER: The content provided herein is for informational purposes and no representation or warranty is made regarding its accuracy or completeness. Property descriptions, documents, and pictures may not accurately describe or depict the property. You are encouraged to conduct your own due diligence and seek independent professional advice if necessary.

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