• Price:
  • Rooms: 0 bed(s), 0 bath(s)
  • Model: 1995
  • Property ID: 1396107
  • Posted On: Feb 22, 2021
  • Updated On: Jul 12, 2021
This Listing is Off Market

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Mobile Home 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

Copyright © 2021 Albemarle Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Original Listing

Zip Codes in Elizabeth City, NC