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    1159 U.S. 17 Hwy

    Pasquotank County, NC 27909
    • $535,000
    • STATUS: Active
    • ON SITE: 157 days
    • ID#: 10361772
    UPDATED: 76 min ago
    $535,000
    • 0
      BEDS
    • 4.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    All Others Area 215
    Type:
    Commercial
    Area:
    215 - Pasquotank County NC

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    Description

    Opportunity at it's finest. This owner managed property features a commercial building and 12 mobile home lots with the ability to add more. Currently 11 spots are rented out with the owner owning 6 of the units. Sitting on 4.2 acres of land you can keep a peace of mind knowing all units are hooked up to city water, sewer, electricity, each unit is metered separately and the tenants maintain their own grounds. Current cap rate is around 10% and current annual expenses are around $6500

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    © The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2021 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2021-07-27T15:36:07.42.
    www.kristieweaverhomes.com/homes/114359627
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    1159 U.S. 17 Hwy Pasquotank County, NC 27909

    • Price: $535,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: 10361772
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.23
    Acres
    Neighborhood:
    All Others Area 215
    Area:
    215 - Pasquotank County NC
    Property Description
    Opportunity at it's finest. This owner managed property features a commercial building and 12 mobile home lots with the ability to add more. Currently 11 spots are rented out with the owner owning 6 of the units. Sitting on 4.2 acres of land you can keep a peace of mind knowing all units are hooked up to city water, sewer, electricity, each unit is metered separately and the tenants maintain their own grounds. Current cap rate is around 10% and current annual expenses are around $6500
    Exterior Features

    Construction Other Exterior Siding Other Foundation Type Other Garage YN No Location Other Parking Addl Parking1-25 Spcs Roof Other

    Interior Features

    Cooling None Flooring Type Other

    Property Features

    Contingency Exists Non Contingent Disclosure None Features None Lease Type 1 Year Master Model YN Yes New Construction YN Yes Ownership Type Simple Possession Closing Tax Amount Approx 1256 Use Type Other Utilities City SewerCity WaterElectric

    Listing provided courtesy of Atlantic Sothebys Int'l Realty
    © 2021 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


    © The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2021 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2021-07-27T15:36:07.42.
     
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    Kristie Weaver | The Real Estate Group
    401 N. Great Neck Rd, Ste. 126
    Virginia Beach VA, 23454