This Property is Not Active

1099 Canady Rd, Jacksonville, NC 28540

Multiple Family / 0 Bedroom(s)

Property Status:  Not Available | $1,500,000.00 (Wholesale) | 

Property Photos

Jacksonville, NC Mobile Home Park $17,580 Monthly Rents

Property Status:
Not Available | $1,500,000.00 (Wholesale)
Property Details:
Multiple Family / 0 BR
Property Style:
Mobile Home
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Revo Properties NC LLC
(540) 533-3022

View on Individual's Website
Property Description:
1190, 1212 Canady Rd, Jacksonville, NC 28540
Asking Price

Monthly Gross Rents
$3,000 Monthly Expenses

53 Units Park Owned
24 Mobile Homes

29 Modular Efficiency Units 
2 used as workshops
 1 Vacant lot

Tenants pay their own electric
Owner pays water
City water and septic

1 tank per 2 units

Owner self manages and does not have insurance on the property.

Numbers at a 45% expense ratio to get my asking price as a .89 cap rate

Brea Revoir
Revo Properties NC LLC 
(540) 533-3022

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. North Carolina Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

North Carolina Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Cary, NC 27519
(919) 604-9093

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