Total Real Estate LLC

Video Tour - 118 Kenway Drive, Woodleaf, NC 27054

by Glen Stanley 05/05/2023

LandSold
List Price $550,000
Sold Price $465,000
118 Kenway Drive
Woodleaf, NC 27054
Est. Mortgage
$2,939/mo

Great investment opportunity! This established Mobile Home Park is over 7 acres consisting of 11 total home sites! 9 Homes are owned by the seller located on Kenway Dr, the other 2 are lot rent only located on Needmore Rd. Most of the homes are rented, and the two lots are currently rented and paying lot rent. The entire property is on a shared well. Each home is equipped with it's own septic system. Seller has no rent roll. Seller has no repair records. Seller has no occupancy-vacancy records. Seller has no history of operating expenses. No seller financing available. Seller is responsible for the electric to the well which runs between$40-$60 per month. Seller is responsible for the upkeep of the homes owned by the park. Each renter is responsible for there own yard maintenance.

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About the Author
Author

Glen Stanley

As an experienced real estate agent, I am qualified to guide you in buying or selling a home. This process is one of the most significant transactions in a person's life. It is vital that your agent is sincere and straightforward.