$ 750,000
145 Pineview CIR Wadesboro, NC 28170
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$ 750,000
Est. payment | /mo
6,601 SqFt
$ 750,000
Est. payment | /mo
6,601 SqFt
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,601 sqft
Price per Sqft $113
MLS Listing ID 4095585
Abv Grd Liv Area 6,601
Year Built 1980
Lot Size 21.800 Acres
Acres 21.8
Property Description
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 $9780.00. 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.
Location
State NC
County Anson
Zoning None
Interior
Heating Baseboard, Central
Cooling Varies by Unit
Appliance Other
Exterior
Garage false
Building
Dwelling Type Manufactured
Foundation Crawl Space
Sewer Septic Installed
Water County Water
Structure Type Aluminum
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Caty Edwards • Plank Road Realty • caty@plankroadrealty.com
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Mary Burr Newsome & Marlo Taylor
REALTORS®