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$495,000
Est. payment /mo
UPDATED:
10/29/2024 04:35 PM
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Rockingham
MLS Listing ID 734131
Style Manufactured Home
HOA Y/N No
Property Description
Nice mobile home park on 42 Acres and located a short distance to HWY 74 and Rockingham Motor Speedway. The park is accessed by 2 private, well maintained garvel roads (Cameron and Destiny Drive). This is nice country setting with spacious lots and plenty more land for expansion. Currently offered at 11% cap rate with low rents and littel turnover.
This is a great value add offering.
13 total pads
11 trailers with titles
10 occuppied trailers
1 trailer is vacant and in need of rehab.
2 vacant, overgrown pads
This is a great value add offering.
13 total pads
11 trailers with titles
10 occuppied trailers
1 trailer is vacant and in need of rehab.
2 vacant, overgrown pads
Location
State NC
County Richmond
Interior
Fireplace No
Exterior
Water Access Desc Public
Building
Lot Description Dead End
Sewer Septic Tank
Water Public
Architectural Style Manufactured Home
Others
Tax ID 746204-71-1263
Ownership More than a year
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Special Listing Condition Standard
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Listed by GRANT-MURRAY REAL ESTATE LLC.