0 Beds
n/a Full bath
6,601 SqFt
Active
Attention investors! This 27-unit property with potential for expansion is an incredible opportunity for someone looking to start or expand their real estate investment portfolio. This mobile home park contains seven units that are park-owned and twenty units that are lot rent only. Per the current owner, they county will allow up to 30 homes in the park, so three additional income-producing properties could be added. All homes have access to county water. It is currently 96% occupied with only one current vacancy (lot rent only). Projected monthly income when all properties are rented is $9380.00. Owner is responsible for road and septic maintenance as well as trash pickup. The neighborhood is currently contracting for weekly trash pickup costing approximately $420/month. An appraisal was conducted on the property in 2022 and valued at the current list price of $800,000. Seller financing negotiable.
Property Details | ||
---|---|---|
Price | $750,000 | |
Lot Size Area | 21.8 | |
Lot Size Area Units | Acres | |
Property Type | MultiFamily | |
MLS Sub type | Portfolio | |
Year Built | 1980 | |
Heating | Baseboard, Central | |
Foundation | Crawl Space | |
Laundry Features | Inside | |
Parking Description | Driveway | |
Geographic Data | ||
County | Anson | |
Latitude | 34.92779956 | |
Longitude | -80.11162799 | |
Address Information | ||
Address | 145 Pineview Circle, Wadesboro, NC 28170 | |
Postal Code | 28170 | |
City | Wadesboro | |
State | NC | |
Country | United States | |
Listing Information | ||
Listing Office | Plank Road Realty | |
Listing Office Phone | 704-694-9570 | |
Listing Agent | Caty Edwards | |
Listing Agent Phone | 704-242-2740 | |
Sub Agency Compensation Type | % | |
Buyer Agency Compensation | 3 | |
Attribution Contact | caty@plankroadrealty.com | |
Sub Agency Compensation | 0 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | None | |
School Information | ||
Elementary School | Unspecified | |
Middle School | Unspecified | |
High School | Unspecified | |
MLS Information | ||
Days on market | 105 | |
MLS Status | Active | |
Listing Date | Jan 4, 2024 | |
Listing Last Modified | Apr 18, 2024 | |
Tax ID | 6463-04-60-9488-00 | |
MLS # | CAR4095585 |
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This information is believed to be accurate, but without any warranty.