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1678 Stone Street Ext 15 Unit Mobile Home Park $1,833,910 CAD ($122,261 CAD/Unit) Mebane, NC 27302
Investment Highlights
- 16 +/- acres
- 13 TOH, 1 stick-built home
- community well and septic
Executive Summary
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!
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!
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $1,833,910 CAD | Building Class | C |
| Price Per Unit | $122,261 CAD | Lot Size | 16.78 AC |
| Sale Type | Investment | Building Size | 700 SF |
| No. Units | 15 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Manufactured Housing/Mobile Home | Opportunity Zone |
Yes
|
| Zoning | R 18 | ||
| Price | $1,833,910 CAD |
| Price Per Unit | $122,261 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 16.78 AC |
| Building Size | 700 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Opportunity Zone |
Yes |
| Zoning | R 18 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 160611 | Improvements Assessment | $220,804 CAD |
| Land Assessment | $259,174 CAD | Total Assessment | $479,978 CAD |
Property Taxes
Parcel Number
160611
Land Assessment
$259,174 CAD
Improvements Assessment
$220,804 CAD
Total Assessment
$479,978 CAD
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1678 Stone Street Ext
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