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1st Class Real Estate Coastal Choice

support@1stclasscoastalchoice.com +1(910) 418-1560

$ 135,000

Est. payment | -/mo

3 Beds

2 Baths

840 SqFt

Save

$ 135,000

Est. payment | -/mo

Save

3 Beds

2 Baths

840 SqFt

Key Details

Property Type Manufactured Home

Sub Type Manufactured Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 840 sqft

Price per Sqft $160

Subdivision Not In Subdivision

MLS Listing ID 100559032

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1988

Lot Size 1.770 Acres

Acres 1.77

Lot Dimensions Rect/Irreg

Property Sub-Type Manufactured Home

Source Hive MLS

Property Description

If you're looking to grow your investment portfolio, here is your opportunity. Both Water and Sewer are in place for 5 manufactured homes (verified in writing with Greenevers). Four singlewides lease space for placement on the land at $175 per month and a 5th unit, 123 Albert Brown (the 911 address), is owned by the sellers and previously rented for $500 per month (personal property). Per the sellers, they have not collected rent in approximately 1-year on these units; the amounts previously collected do appear to be sub-market rate. There are no available ledgers, PnL's, previous copies of leases and would be considered ongoing however, not enforced by the sellers. This property had been producing and can be a good stream for the organized investor looking to restructure/organize and improve their portfolio. Please do not disturb the tenants pre-contract. The lot is 2.37 acres by description with GIS measuring out to approximately 1.77 acres, no survey in hand.

Location

State NC

County Duplin

Community Not In Subdivision

Zoning Res

Direction Follow I-40 north to Exit 384 for NC -11. Continue on NC-11N, then turn right onto Pasture Branch Road. Turn left onto Hargrove Drive. Turn right onto Albert Brown MHP Lane.

Location Details Mainland

Rooms

Basement Other

Primary Bedroom Level Primary Living Area

Interior

Interior Features None

Heating Other

Cooling Other

Flooring Carpet, Vinyl

Appliance See Remarks

Laundry Dryer Hookup, Washer Hookup

Exterior

Parking Features Unpaved, On Site

Utilities Available Sewer Connected, Water Connected

Amenities Available None

View See Remarks

Roof Type Composition

Accessibility None

Porch None

Building

Lot Description Open Lot, Level

Entry Level One

Foundation Other33

Water Public

Level or Stories 1

New Construction No

Schools

Elementary Schools Rose Hill-Magnolia

Middle Schools Rose Hill-Magnolia

High Schools Wallace-Rose Hill

Others

Tax ID 09-635

Acceptable Financing Commercial, Cash

Listing Terms Commercial, Cash

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors

Listed by Berkshire Hathaway HomeServices Carolina Premier Properties

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(910) 418-1560

support@1stclasscoastalchoice.com

1724 Gardner Dr, Wilmington, NC, 28405, USA

103 Albert Brown Mhp LN Greenevers, NC 28458