5012 Bullock (12 lots) Court, Fayetteville, NC 28312

Property Description

Exceptional opportunity to acquire a 12 lot (13 pad) lot rent mobile home park in a beautiful country location among new subdivisions, nearby grocery stores, sought after school district and great highway access. 3 trailers to convey via bill of sale (no titles). annual income of 30K with potential or much more. all lots are individually parceled and each has its own well and septic. all lots are approximate .45 to .68 Acres each. Total site is 6.62 Acres. 1 lot has and additional pad for a 13th unit (former stick built home tore down after fire damage). Current cap rate of 9.4. Many long term tenants, all month to month. no written leases. Pins: 0477-71-8186,0477-71-9208,0477-71-9366,0477-81-0425,0477-81-0593,0477-81-1661,0477-81-2702,0477-81-1480,0477-81-2214,0477-81-2025,0477-81-0084 and 0477-81-0261 NO OWNER FINANCING. PLEASE DO NOT DISTURB TENANTS. Due to extensive title work completed-Chris Sayler at Hutchens Law to close