150 houses on 150 acres. This place has it's own water tower(350 door capacity) and sewer system (300 door capacity) with a shiner pond. Each make $50 per door per month. This place has a basketball court, laundromat (more additional income) as well as:

• 47 sfr's are rented. 2/1's, 3/1's and 4 1&1/2's

• 18-20 need $12-18 k in rehab or are tear downs

• Remaining are slabs-ready for new structures

• Includes County approved plans to add a 15 unit mobile home park on the back 40

NOTE-Confirmed/Section 8 in Hancock county has a waiting list between 20-30 all the time. See rents below:

1 br=$750 a month.

4 br=$1150 a month

Recent appraisals came in on homes at $80-$120 K

NOTE- we have T-12's showing rent rolls, p&I

Priced at 2.5 million

• Ways to make money with this one:

  • Sell rented houses

  • Sell the sewer, water system to utilities

  • Pay to dump for septic companies

  • Sell the laundromat

  • Make 2 subdivisions-houses and mobile homes. Max usage then sell

  • Get govt grants, rehab and develop to max usage. Then rent section 8- affordable housing

So many ways to make money.....contact me

Not listed- off market.

I am a licensed Agent at Southern Homes and Land

Who wants to buy an entire town?