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    1159 U.S B Street

    Elizabeth City, NC 27909
    • $560,000
    • STATUS: Active
    • ON SITE: 123 days
    • ID#: 102718
    UPDATED: 71 min ago
    $560,000
    • 0
      BEDS
    • 4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1995
    County:

    School Ratings & Info

    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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    IDX information © 2021 Albemarle Area Association of Realtors®. The data relating to real estate for sale on this website comes in part from the (IDX)Internet Data Exchange Program of the Albemarle Area Association of Realtors, Multiple Listing Service. Real estate listings held by brokerage firms other than the Realtor owner of this website are marked with the Internet Data Exchange logo (IDX) or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firm. Information on this website is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated: 2021-06-23T17:20:36.837
    www.atlanticsir.com/homes/114361517
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    1159 U.S B Street Elizabeth City, NC 27909

    • Price: $560,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: 102718
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4
    Acres
    1995
    Built
    Neighborhood:
    Elizabeth City
    County:
    Pasquotank
    Area:
    Elizabeth City
    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

    Access Private RoadGravel Road Construction Other Foundation Combination Roof Other Waterfront None

    Interior Features

    Air Conditioning Other Floors Other Heating System Other

    Property Features

    City Limits 1 Commercial Park No Commercial Park Fee Mo Current Use Mobile Home Park Electric Company Dominion Nc Power Features Other Financing Types CashOther Flood Zone Zone X Location Other Lot Number N/A Number Buildings 13 Permitted Uses Mobile Home Park Terms Of Existing Lease Month To MonthOtherYear To Year Utilities Electricity ConnectedSewer ConnectedWater Connected

    Offered by Christopher Johnson of Atlantic Sothebys International Realty.


    IDX information © 2021 Albemarle Area Association of Realtors®. The data relating to real estate for sale on this website comes in part from the (IDX)Internet Data Exchange Program of the Albemarle Area Association of Realtors, Multiple Listing Service. Real estate listings held by brokerage firms other than the Realtor owner of this website are marked with the Internet Data Exchange logo (IDX) or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firm. Information on this website is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated: 2021-06-23T17:20:36.837
     
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    Atlantic Sotheby's International Realty
    4416 Expressway Drive
    Virginia Beach VA, 23452