Link Copied
000
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 25
Approx. Age 1987
MLS® Number 100502288

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Riverside Mobile Home Park adjacent to the Cape Fear River. 2.5 miles from I-95 Business, 19.6 acres. 29 pads total; 11 TOH (Tenant-Owned Homes) 18 POH (Park-Owned Homes) - 1 used for storage, could be converted to rental. ~11 acres vacant land leading to the river. TOH typically means low maintenance for the park owner (tenants handle their own homes). POH offers more control over rent but higher maintenance responsibilities - room to optimize or sell off POHs over time. Extra unit used for storage could be refurbished and rented = quick win. Approximately vacant 11 acres = potential for recreational use, storage income, or long-term value growth. Current zoning: SF6 (Single-Family Residential), check for future development possibilities. M101 MH zoning grandfathered for the existing 29 pads only. You can replace homes but cannot add more pads. Future buyers will want to confirm with zoning/planning on what the vacant land can be used for (e.G., green space, RV use, etc.). Close to downtown Fayetteville, Near groceries, major highways, and urban amenities Riverside frontage - adds to appeal and long-term land value. Owner pays sewer and water, electrical paid by tenants. Sewer & Water approximately $18000 year.Show Description
MLS® Number100502288
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1987
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing