Sold 12± Acres

Halifax County

Smaller Investment Property With ROI In North Eastern North Carolina

Highway 48, Lot#WP01 Roanoke Rapids, NC 27870

Description

Investors!!! Here’s an opportunity to buy a smaller investment property with an annual net income rate of 15%. (based off asking price) This well-establish mobile home park is located just south of Roanoke Rapids on Highway 48. Easy access to Roanoke Rapids, Rocky Mount and I-95. This park has been managed by a rental; management company and we have the financials and overhead cost well documented. There are currently 18 units in place. There is a total of 24 lots in this mobile home park.  There is room and empty lots that would allow additional units to be added increasing the annual income of the park!


Summary

Address

Highway 48, Lot#WP01

Roanoke Rapids, NC 27870

View on Google Maps

Features

Investment, Minerals, Roads, Road Frontage, County Road, Road Access, Pavement, Utilities, Electric, Water, Septic, Internet, Cable, Telephone, Area Features, Airport, Activities on Property, Family Activities, Seller's Mineral Rights Convey, Investment, Minerals, Roads, Road Frontage, County Road, Road Access, Pavement, Utilities, Electric, Water, Septic, Internet, Cable, Telephone, Area Features, Airport, Activities on Property, Family Activities, Seller's Mineral Rights Convey

Road Frontage

County Road

Road Surface

Pavement

Improvements/Features

Seller's Mineral Rights Convey

Land Type

Hunting and Recreational, Home on Acreage

Land and Farm Property Types

Land - Recreational, Land - Residential, Other - Mobile Home Park

Property Type

Recreational Land, Residential Land

Details

  • Trailer Park with an annual NET INCOME of over $44,000
  • Just south of Roanoke Rapids
  • Located on Highway 48
  • Convenient to I-95
  • This 12+/- acres will need to be surveyed out of a larger parcel, buyer will be responsible for survey cost
  • Park has majority of long time residence

Other

Utilities

electric
Onsite
water
Onsite
internet
Onsite
cable
Onsite
telephone
Onsite

Coordinates

36.3971, -77.6852

Annual Taxes

$1,392

Sold Property

For more information or to see additional properties currently for sale see Scott Hicks's listings.

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