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Address is 639 Carolina Avenue Roanoke Rapids, NC 27870

David Pair

Premiere Homes

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Bennington Park

Multi Family Housing for Sale in Roanoke Rapids, North Carolina

639 Carolina Avenue
Roanoke Rapids, NC 27870

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Sale Price: $1,200,000
 

Contact Information

David Pair
Premiere Homes

Mobile Home Park for Sale

Number of MH Lots: 24
Size: 5.6 acre(s)
Purchase Method: Cash
Status: Active
Property ID: 827260
Posted on: Jun 28, 2017
Updated on: Dec 28, 2017
Price: $1,200,000

Property Description

Thriving manufactured home park with 24 lots located within walking distance to a new elementary school, shopping, restaurants, and pharmacy. Each lot is equipped with separate city sewer and water taps. The park owns 17 of the 24 manufactured homes. According to the lease agreement, tenants are either to sell the home to the owner of the park or move the home as they are not allowed to sublet. The park has potential to be developed as it is located in an area adjacent to homes in the $200K range. Owner is selling to invest into other thriving business.

Park Information

Number of MH Lots:24
Total Occupancy:100.0%
Year Built:1980
Average MH Lot Rent: $450
Size:5.6 acre(s)

Financial Information (Actual)

Debt Info0

Lot Information

Singlewide Lots:24

Utility Information

Water:City
Water Paid By: Tenant - Individual Service
Sewer:City

Park-Owned Homes

Number of Park-owned Homes:17
Average Rent for Park-owned Homes: $568