2811 SW Archer Road Unit J-80Gainesville, FL, 32608

This unit is truly priced to sell at only 79,900.00 There are units with the same floor plan & square footage active on the market priced between 99 & 105k. As to the comparable sales for this floorpan over the last few months, those sales range from a low of 95k to 115k. Admittedly all of the active listings as well as the closed sales were/are in above average to really nicely updated condition. This seller is a straight to the point kinda guy. At 79,900, he is taking into consideration his unit is cosmetically dated. This is by no means a flip opportunity, but this is a value add opportunity for either an owner occupant, or an investor that would like to improve the unit, max out the market rate of rental income, & hold until a strategically beneficial exit point presents itself. There is also a third play on the table. There is a really sweet tenant that has been in place for the last 5+ years. Currently she is paying 1,100 a month. You could elect to defer a cosmetic renovation at this time & keep the tenant already in place. This property is definitely worth your consideration if VALUE is part of your everyday conscious mindset.