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2303 Carbine Street

Fayetteville, NC 28306
  • $849,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: 670248
UPDATED: 156 min ago
$849,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Courtesy of Grant-Murray Real Estate Llc..

Description

Excellent opportunity to acquire a cash flowing Mobile Home Park with potential for increased income by rehabbing one commercial building and two vacant Single Family Homes. 19 Single Wide Trailers; 3 Stick Built Single Family homes (2 need total rehab); 4 Double Wide Trailers; 1 Commercial building (1-3 spaces) in need of total rehab; 1 vacant commercial lot (adjoins commercial building); 1 vacant trailer PADPresent gross income is: $148,740 (actual on occupied units only)Net Operating Income is: $105,408approximate cap rate of 12.4Live on site manager. Eight adjoining parcels that total 6.85 Acres mixed residential and commercial zoning.Huge road frontage on Cumberland Road and includes corner of Carbine and Cumberland rd.Units are on Cumberland, Carbine, Caramel and Lady SlipperPINs: 0416-90-8493, 0416-90-9485, 0416-00-0760, 0416-90-9913, 0416-91-9008, 0416-00-1559, 0416-01-1135 and 0416-90-9823

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© 2021 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2021-12-02T23:31:15.32.
www.trianglehomehunt.com/homes/122213719
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2303 Carbine Street Fayetteville, NC 28306

  • Price: $849,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 156 min ago
  • ID#: 670248
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cumberland Rd
County:
Cumberland
Area:
Fayetteville
Property Description
Excellent opportunity to acquire a cash flowing Mobile Home Park with potential for increased income by rehabbing one commercial building and two vacant Single Family Homes. 19 Single Wide Trailers; 3 Stick Built Single Family homes (2 need total rehab); 4 Double Wide Trailers; 1 Commercial building (1-3 spaces) in need of total rehab; 1 vacant commercial lot (adjoins commercial building); 1 vacant trailer PADPresent gross income is: $148,740 (actual on occupied units only)Net Operating Income is: $105,408approximate cap rate of 12.4Live on site manager. Eight adjoining parcels that total 6.85 Acres mixed residential and commercial zoning.Huge road frontage on Cumberland Road and includes corner of Carbine and Cumberland rd.Units are on Cumberland, Carbine, Caramel and Lady SlipperPINs: 0416-90-8493, 0416-90-9485, 0416-00-0760, 0416-90-9913, 0416-91-9008, 0416-00-1559, 0416-01-1135 and 0416-90-9823
Property Features

Lease Considered YN No Possession Close Of Escrow Property Sub Type Apartment Sewer Septic Tank Special Listing Conditions Standard Water Source Well Zoning Description R6a - Residential District



© 2021 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2021-12-02T23:31:15.32.
 
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The Helbert Team | RE/MAX United
51 Kilmayne Drive
Cary NC, 27511
Courtesy of Grant-Murray Real Estate Llc..