Mulit-family 2 lots

Multi-Family for Sale
Catylist Listing ID: 30439889
Property Subtypes: Mobile Home Park
Number of Units: 5 Units
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Gross Land Area: 2.20 Acres
Sale Price: $350,000
Unit Price: $70,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 4
Last Updated: 12/2/2019

Overview / Comments

Two contiguous parcels of land for sale with multiple homes on it. Over 2 acres. Homes need repair, value in the land and the location. Come take a look !! Great location and price. Some rental income. Manufactured home at 80 Lark is not livable. Annual income from Bill Board lease too.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: 3271-63-8629-000 & 3271-63-7656-0000
Zoning: RP
Property Located Between: Beside Scotts Hill Veternary Hospital and across street Fred's Beds & Scotts Hill Church
Highway Access: US Hwy 17
Airports: ILM
Area Description: Fast growing area
Total Number of Buildings: 5
Property Condition: Fair
Parking Description: On site
Zoning Description: RP
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,020 6,710 30,171
Median Age: 45.36 50.97 42.62
Households: 772 2,619 12,140
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