148 Church Park, 28659, North Wilkesboro, NC
148 Church Park, 28659, North Wilkesboro, NC
$335,000
Investment opportunity in North Wilkesboro! Situated on 2.57 acres, this mobile home park includes 5 homes currently in place with a total of 6 lots, offering established rental income with additional potential. The five homes currently generate a combined $3, 650 per month, or $43, 800 in annual gross rental income. For Reference with current list price the new owner could expect up to a 10% CAP rate using the conservative allowance the current owners use for operating expenses. With five income-producing homes already in place and a sixth lot, this property offers an opportunity for an investor looking to add a smaller rental portfolio to their holdings without starting from scratch. Convenient to North Wilkesboro with access to area shopping, services and major roadways. Shown by Appointment only, no drive-bys please. Expenses, NOI and cap rate are estimates provided for informational purposes only. Buyer and buyer's agent should independently complete their own analysis.
Angela Reins
148 Church Park, 28659, North Wilkesboro, NC