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    1159 U.S. 17 Hwy

    Pasquotank County, NC 27909
    • $599,500
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 10361772
    UPDATED: 78 min ago
    $599,500
    • 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.rmxcentralhomes.com/homes/114359627
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    1159 U.S. 17 Hwy Pasquotank County, NC 27909

    • Price: $599,500
    • Status: Active
    • Updated: 78 min ago
    • 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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