32 Space Mobile Home Subdivision with 21 doublewides, 9 singlewides, and 2 lot rental with a cash flow of $20,500.00 per month with a potential of approx. $21,500.00 per month if you place a home where the 2 lot rental are located.
28 units rented through Mid- East Housing Sec 8. The majority of their rent is paid by the government, there are only a few that pay a copay of the total rent. We have 2 lot rentals which pay their own rent at $ 250.00 per month and two tenants not on Sec 8. I also have another 20+ - acres that is Sec 4 of this subdivision. I only have to mulch the property and pave street, all electrical, water, and phone is installed. Just put meters in for water and septic tanks. I am willing to sell this Sec 4 also if you would like to extend the amount of lots. Will discuss price on this Sec 4 if interested.
These units are all nice clean homes and are newer model units. This subdivision was built in 1999, it has paved streets with speed bumps, city water, street lights, excellent soil mostly sand, large size lots. The subdivision consist of approx. 23 acres, located 9 miles East of Greenville, North Carolina- Located between Greenville, Chocowinity, and Washington, NC. It is located right outside the city limits of Grimesland, NC. It is located 3/4 mile from G.R. Whitfield School and in DH Conley High School district.
The Subdivision is well maintained and we keep the grass cut and garbage pickup for tenants. We are at 99% occupancy majority of the time. We have Crime Watchers that patrol this area and we provide a nice safe community for our tenants. You can contact me @ 252-714-5455