Sold

Great Investment Trailer Park Property Near Roanoke Rapids In Eastern NC

Acreage

5.56 ±

County

Halifax

SOLD

Address East 9th Ave, Lot#WP01 Roanoke Rapids, NC 27870

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Description

Investors!!! Here’s an opportunity to buy a great investment property with an annual net income of $140,000. This well-establish mobile home park with long term tenants is located inside the city limits of Roanoke Rapids. With very easy access to I-95. This park has been managed by the current owner with very little tenant turn over and the sellers have the financials and overhead cost well documented. There are currently 22 units in place. 

Details

  • Net income potential of $140,000 after expenses with 2 lots sitting empty and ready for 3 additional trailers
  • Owner just upfitted the sewer line from 4-6 inch line
  • Inside Roanoke Rapids city limits
  • Water and sewer for each individual unit
  • Trash removal cost paid by tenant's, owner holds money for trash services in escrow account
  • Long term tenants
  • Minimal annual upkeep and maintenance
  • Land has potential to be developed for residential homes, apartments or condos
  • Trailer park is within walking distance of local shops and restaurants

Summary

Features

Investment, Minerals, Roads, Road Frontage, County Road, Road Access, Pavement, Utilities, Electric, Water, Septic, Internet, Cable, Telephone, Area Features, Public Hunting, Public Fishing, Seller's Mineral Rights Convey, Investment, Minerals, Roads, Road Frontage, County Road, Road Access, Pavement, Utilities, Electric, Water, Septic, Internet, Cable, Telephone, Area Features, Public Hunting, Public Fishing, Seller's Mineral Rights Convey

Land Type

Hunting and Recreational, Timberland

Road Surface

Pavement

Property Type

Recreational Land, Timberland, Hunting Land

Road Frontage

County Road

Improvements/Features

Seller's Mineral Rights Convey

Land and Farm Property Types

Land - Hunting, Land - Recreational, Timberland - Natural

Other Property Details

Utilities
  • electric: onsite
  • water: onsite
  • internet: onsite
  • cable: onsite
  • telephone: onsite
Coordinates

36.4493, -77.6345

Annual Taxes

$2,015

Sold Property

For more information or to see additional properties currently for sale see Scott Hicks's listings.

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