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148 Church Park Road, North Wilkesboro photo 1

New this week · 1 day on market

$335,000

148 Church Park Road, North Wilkesboro, NC 28659

2.57 acre lot · built 1993

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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 around a 10-11% 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.

Facts

Type
Remarks
Year built
1993
Lot
2.57 acres
Heating
Floor Furnace, Electric
Cooling
Central Air
Parking
Driveway
Appliances
Electric Water Heater
Water
Public
Sewer
Shared Septic
HOA
None
Taxes (annual)
$133
County
Wilkes
MLS #
1236460

Ask an agent what this means

1 day on the market at $335,000.

Whether that's the right price for this street is a two-minute conversation with someone who sells here.

Where it sits

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All photos

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Triad MLS

Listing courtesy of eXp Realty. Information deemed reliable but not guaranteed. Listing data is provided 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 21 hours ago.

Keller Williams One (GKWG01) Lic#C14887

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Triad MLS

Each listing is courtesy of the listing office named on it. Information deemed reliable but not guaranteed. Listing data is provided 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 6 hours ago.

Keller Williams One (GKWG01) Lic#C14887

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