145 Pineview Circle, Wadesboro, NC 28170

$750,000
6,601
SqFt

Listing courtesy of Plank Road Realty. caty@plankroadrealty.com

List Price
$750,000
MLS#
4095585
Status
ACTIVE UNDER CONTRACT
Days on Market
303
Property Type
Residential Income
Year Built
1980
Price Change
▼ $50,000 1708481700
Lot Size
949,608
Lot Size Area
21.8
Living Area
6,601
Sq Ft Total
6601
County
Anson
Special Conditions
None

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.

Additional Information

Equipment
Other
Foundation
Crawl Space
Laundry Location
Inside
Heating
Baseboard, Central
Water
County Water
Sewer
Septic Installed
Exterior Construction
Aluminum
Parking
Driveway
Driveway
Dirt, Gravel
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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