148 Church Park RD, North Wilkesboro, NC 28659
148 Church Park RD, North Wilkesboro, NC 28659
148 Church Park RD, North Wilkesboro, NC 28659
30
See all 30 photos
$335,000
Est. payment /mo
Save
2.57 Acres Lot
New

148 Church Park RD North Wilkesboro, NC 28659

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Spencer Harrell

Spencer Harrell

+1(336) 281-8173

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Remarks

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1236460

HOA Y/N No

Year Built 1993

Lot Size 2.570 Acres

Acres 2.57

Property Sub-Type Remarks

Source Triad MLS

Property Description

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.

Location

State NC

County Wilkes

Interior

Heating Floor Furnace, Electric

Cooling Central Air

Appliance Electric Water Heater

Laundry Washer/Dryer Connection

Exterior

Pool None

Building

Sewer Shared Septic

Water Public

New Construction No

Others

Special Listing Condition Owner Sale

Triad MLS
Listed by Angela Reins • eXp Realty

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Spencer Harrell

Spencer Harrell

Broker

+1(336) 281-8173

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from The Harrell Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

148 Church Park RD

QUICK SEARCH