Courtesy of: Allen Curtis, C Shane Cook & Associates, allenkcurtis@gmail.com
Courtesy of: Allen Curtis, C Shane Cook & Associates, allenkcurtis@gmail.com
$6,999,500
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Lot: 8.17 Acres
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Other
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$6,999,500
100, 102-109, 111 Ross Street Vintage 52 Unit Mobile Home Park and 3 Developable acres with great cash flow in Morganton. Sitting within an opportunity zone just off I-40 Exit 103 near Chik-fil-a, Chicken Salad Chick, Lowes Hardware, Rural King, Western Piedmont Community College and so much more! 40 seller-owned units and 12 tenant-owned units with an average rent of $833/month. Gross monthly cash flow of $43, 330 and a 7% Cap Rate. Sorry, no owner-financing available. Conveyance of personal property (40 homes) will be by bill-of-sale only along with the deeds to the three parcels. Water is master-metered and runs approx. $800/month Sewer is master-metered and runs approx. $1200/month Taxes are $7000.00/year Drive-by looks are ok but please DO NOT DISTURB THE TENANTS.
Courtesy of: Allen Curtis, C Shane Cook & Associates, allenkcurtis@gmail.com
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