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1159 U.S. 17 Hwy

Pasquotank County, NC 27909
  • $560,000
  • STATUS: Active
  • ON SITE: 121 days
  • ID#: 10361772
$560,000
  • 0
    BEDS
  • 4.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial

School Ratings & Info

Description

Opportunity at it's finest. This owner managed property features a commercial building and 12 mobile home lots with the ability to add more. Currently 11 spots are rented out with the owner owning 6 of the units. Sitting on 4.2 acres of land you can keep a peace of mind knowing all units are hooked up to city water, sewer, electricity, each unit is metered separately and the tenants maintain their own grounds. Current cap rate is around 10% and current annual expenses are around $6500

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www.belltowerteam.com/homes/114359627
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1159 U.S. 17 Hwy Pasquotank County, NC 27909

  • Price: $560,000
  • Status: Active
  • ID#: 10361772
0
Beds
0
Baths
0
½ Baths
4.23
Acres
Neighborhood:
All Others Area 215
Area:
215 - Pasquotank County NC
Property Description
Opportunity at it's finest. This owner managed property features a commercial building and 12 mobile home lots with the ability to add more. Currently 11 spots are rented out with the owner owning 6 of the units. Sitting on 4.2 acres of land you can keep a peace of mind knowing all units are hooked up to city water, sewer, electricity, each unit is metered separately and the tenants maintain their own grounds. Current cap rate is around 10% and current annual expenses are around $6500
Exterior Features

Construction Other Exterior Siding Other Foundation Type Other Garage YN No Location Other Parking Addl Parking1-25 Spcs Roof Other

Interior Features

Cooling None Flooring Type Other

Property Features

Contingency Exists Non Contingent Disclosure None Features None Lease Type 1 Year Master Model YN Yes New Construction YN Yes Ownership Type Simple Possession Closing Tax Amount Approx 1256 Use Type Other Utilities City SewerCity WaterElectric

Listing provided courtesy of Atlantic Sothebys Int'l Realty
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