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Well Established And Profitable All Season Mobile Home Park For Sale In Newcastle. Same Owner For 36 Years, Seller Wants To Retire. Park Is Located In A Prime Area Of Newcastle, 2.78 Acres, Frontage On Hwy 2. Park Contains 19 Mobile Homes Parcels (Fully Leased), Detached Home With 3 Apartments (Fully Rented), Free Standing Office Building With 1 Car Garage ( Potential For Rental) All Long Term Tenants. This Is Worry Free, Guaranteed Monthly Cash Flow Investment. Don't Delay Book Your Showing. **** Extras **** Actual Cap Rate Is 5.2% , Projected Cap Rate Is 6.1%. Financial Information Available . Mobile Homes Are Not Included In The Purchase Price, They Are Located On A Leased Land. Do Not Disturb Tenants.
Actual Cap Rate Is 5.2% , Projected Cap Rate Is 6.1%. Financial Information Available . Mobile Homes Are Not Included In The Purchase Price, They Are Located On A Leased Land. Do Not Disturb Tenants.
Property Details
| Property Type | Investment |
|---|---|
| Property Style | N/A |
| Square Feet | |
| Property Tax | $10,367 |
| Maintenance | N/A |
| Days On Our Website | 77 |
| Basement | |
| Kitchens | |
| Garages | |
| Lot Dimensions | 2.78 x 0.00 |
| Pool | N/A |
| Area | Durham |
| Fireplaces | N/A |
| Air Conditioning | N |
| Heating | - Propane Gas |
| Exterior | |
| Garage Type | Outside/Surface |
| Sewers | Septic |
| Water | Municipal |
Room Information
| Floor | Room | Dimensions | Description |
Bathroom Information
| Floor | Description |
Listing Office: OUR NEIGHBOURHOOD REALTY INC., BROKERAGE
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