Sold
Smaller Investment Property With ROI In North Eastern North Carolina
Acreage
12 ±
County
Halifax
SOLD
Address Highway 48, Lot#WP01 Roanoke Rapids, NC 27870
View on Google MapsDescription
Investors!!! Here’s an opportunity to buy a smaller investment property with an annual net income rate of 15%. (based off asking price) This well-establish mobile home park is located just south of Roanoke Rapids on Highway 48. Easy access to Roanoke Rapids, Rocky Mount and I-95. This park has been managed by a rental; management company and we have the financials and overhead cost well documented. There are currently 18 units in place. There is a total of 24 lots in this mobile home park. There is room and empty lots that would allow additional units to be added increasing the annual income of the park!
Details
- Trailer Park with an annual NET INCOME of over $44,000
- Just south of Roanoke Rapids
- Located on Highway 48
- Convenient to I-95
- This 12+/- acres will need to be surveyed out of a larger parcel, buyer will be responsible for survey cost
- Park has majority of long time residence
Summary
Features
Investment, Minerals, Roads, Road Frontage, County Road, Road Access, Pavement, Utilities, Electric, Water, Septic, Internet, Cable, Telephone, Area Features, Airport, Activities on Property, Family Activities, Seller's Mineral Rights Convey, Investment, Minerals, Roads, Road Frontage, County Road, Road Access, Pavement, Utilities, Electric, Water, Septic, Internet, Cable, Telephone, Area Features, Airport, Activities on Property, Family Activities, Seller's Mineral Rights Convey
Road Frontage
County Road
Road Surface
Pavement
Improvements/Features
Seller's Mineral Rights Convey
Land Type
Hunting and Recreational, Home on Acreage
Land and Farm Property Types
Land - Recreational, Land - Residential, Other - Mobile Home Park
Property Type
Recreational Land, Residential Land
Other Property Details
Utilities
- electric: onsite
- water: onsite
- internet: onsite
- cable: onsite
- telephone: onsite
Coordinates
36.3971, -77.6852
Annual Taxes
$1,392
Sold Property
For more information or to see additional properties currently for sale see Scott Hicks's listings.