Attention investors! This 27-unit property with potential for expansion is an incredible opportunity for someone looking to start or expand their real estate investment portfolio. This mobile home park contains seven units that are park-owned and twenty units that are lot rent only. Per the current owner, they county will allow up to 30 homes in the park, so three additional income-producing properties could be added. All homes have access to county water. It is currently 96% occupied with only one current vacancy (lot rent only). Projected monthly income when all properties are rented is $9780.00. Owner is responsible for road and septic maintenance as well as trash pickup. The neighborhood is currently contracting for weekly trash pickup costing approximately $420/month. An appraisal was conducted on the property in 2022 and valued at the current list price of $800,000. Seller financing negotiable.
Newly zoned R-6 lot with plans for active multi-family development. 2.34 Acres located off of Hwy 74, across from Anson High School, and adjacent to Taco Bell and Sonic. Two minutes to Atrium Health Center, under 10 minutes to South Piedmont Community College, and Less than 20 minutes to Monroe Express way! Convenient location and easily accessible. Great opportunity in a growing area for Industrial, Office complex, Medical, Institutional, Restaurant, etc. City Water and Sewer. Owner financing available. Adjacent to two 1 Acre lots each with approximately 240 feet of frontage on Hwy 74, zoned General Business/Commercial.
Wadesboro is located in North Carolina. Wadesboro, North Carolina has a population of 5,079. Wadesboro is less family-centric than the surrounding county with 14.99% of the households containing married families with children. The county average for households married with children is 21.4%.
The median household income in Wadesboro, North Carolina is $26,878. The median household income for the surrounding county is $39,862 compared to the national median of $69,021. The median age of people living in Wadesboro is 37.8 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 29.7 degrees. The average rainfall is approximately 46.6 inches per year, with 1.7 inches of snow per year.