***TERMS***
Subject-To Mortgage Rate: 3.25%
Entrance Fee: $29,500 + TC + Closing Cost
This vacant property at 4516 Twin Rise, Von Ormy, TX 78073, offers a great investment opportunity. The manufactured home, built in 2019, features 2 bedrooms and 2 bathrooms, with a spacious living area of 1,768 square feet on an 11,761 square foot lot. Set on a permanent foundation with street parking, the home is available with a subject-to mortgage rate of 3.25%. The entrance fee is $29,500, plus transaction coordinator and closing costs, bringing the total purchase price to $160,500. Comparable properties in the area sell for around $200,000. With an approximate mortgage balance of $131,000 and a PITI of $1,219.63, the property could command rental rates of approximately $3,500 as a single-family residence. For more details or to request the property address, please contact Norris Chim, Disposition Manager, at (904) 419-7462 or via email at ncdeals.rei@gmail.com