1678 Stone Street Ext - Manufactured Housing/Mobile Housing FOR SALE


Mebane, NC 27302
$1,300,000 USD
704-707-6268
1678 Stone Street Ext, Mebane, NC for Sale
$1,300,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/31
null | Request Cap Rate

1678 Stone Street Ext
Mebane, NC 27302


HIGHLIGHTS

  • 16 +/- acres
  • community well and septic
  • 13 TOH, 1 stick-built home

OVERVIEW

Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site. The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$1,857 USD /SF

# OF UNITS

15

PRICE/UNIT

$86,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16.78 AC

LAND SF

730,937 SF

ZONING

R 18

APN/PARCEL ID

160611

ASK ABOUT THIS PROPERTY

Jamie PurvisRE/MAX ExecutiveMore Info
704-707-6268

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jamie PurvisRE/MAX ExecutiveMore Info
704-707-6268

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.