Smaller Investment Property With ROI In North Eastern North Carolina

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!

Property 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

Highway 48, Lot#WP01
Roanoke Rapids, North Carolina 27870