Attention investors!

This 27-unit property with potential for expansion is an incredible opportunity for someone looking to start or expand their real estate investment portfolio. This mobile home park contains seven units that are park-owned and twenty units that are lot rent only. Per the current owner, they county will allow up to 30 homes in the park, so three additional income-producing properties could be added.

All homes hve access to county water. It is currently 96% occupied with one current vacancy (lot rent only). Projected monthly income w hen all properties are rented is $9380.00. Owner is responsible for road and septic maintenance as well as trash pickup. The neighborhood is currently contracting for weekly trash pickup costing approximately $420/month. An appraisal was conducted on the property in 2022 and valued at the current list price of $800, 000. Seller financing negotiable.

Request Information
on 145 Pineview Cir
in Wadesboro, NC
Presented by Caty Edwards at
Plank Road Realty.


Property MLS #4095585 from CanopyMLS

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+ Appliances

Laundry Features: Inside

+ Heating and Cooling

Cooling Features: Varies by Unit
Heating Features: Baseboard, Central

+ Garage and Parking

Driveway: Earth
Parking Features: Driveway

+ Land Info

Lot Size Acres: 21.8
Lot Size Square Feet: 949608

+ Exterior and Lot Features

Road Responsibility: Privately Maintained Road
Road Surface Type: Gravel

+ Multi-Unit Info

Number of Units: 27

+ Rental Info

Tenant Pays: All Utilities

+ Other Property Info

Source Listing Status: Active
County: Anson
Source Property Type: Residential Multi Unit
Owner Pays: Trash Collection
Parcel Number: 6463-04-60-9488-00
Property Subtype: Portfolio
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-02-20
$750,000
CanopyMLS

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Listed 2024-01-04
$800,000
CanopyMLS

+ Building and Construction

Total Square Feet Living: 6601
Year Built: 1980
Building Area Total: 6601
Construction Materials: Aluminum
Foundation Details: Crawl Space
Property Age: 44
Structure Type: Manufactured

+ Utilities

Sewer: Septic Installed
Water Source: County Water

+ Display Complete School Details

Wadesboro Elementary School is a public elementary school located approximately 3 miles away.
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Anson Middle School is a public middle school located approximately 4.4 miles away.
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Anson Academy is a public middle and high school located approximately 3 miles away.
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Cornerstone Treatment Facility is a private elementary, middle and high school located approximately 3.4 miles away.
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