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    2303 Carbine Street

    Fayetteville, NC 28306
    • $849,000
    • STATUS: Active
    • ON SITE: 11 Days
    • MLS #: 670248
    UPDATED: 67 min ago
    $849,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Courtesy of Grant-Murray Real Estate Llc..

    Description

    Excellent opportunity to acquire a cash flowing Mobile Home Park with potential for increased income by rehabbing one commercial building and two vacant Single Family Homes. 19 Single Wide Trailers; 3 Stick Built Single Family homes (2 need total rehab); 4 Double Wide Trailers; 1 Commercial building (1-3 spaces) in need of total rehab; 1 vacant commercial lot (adjoins commercial building); 1 vacant trailer PADPresent gross income is: $148,740 (actual on occupied units only)Net Operating Income is: $105,408approximate cap rate of 12.4Live on site manager. Eight adjoining parcels that total 6.85 Acres mixed residential and commercial zoning.Huge road frontage on Cumberland Road and includes corner of Carbine and Cumberland rd.Units are on Cumberland, Carbine, Caramel and Lady SlipperPINs: 0416-90-8493, 0416-90-9485, 0416-00-0760, 0416-90-9913, 0416-91-9008, 0416-00-1559, 0416-01-1135 and 0416-90-9823

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    © 2021 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2021-10-20T18:31:17.833.
    www.toweringpinesrealestate.com/homes/122213719
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    2303 Carbine Street Fayetteville, NC 28306

    • Price: $849,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 670248
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Cumberland Rd
    County:
    Cumberland
    Area:
    Fayetteville
    Property Description
    Excellent opportunity to acquire a cash flowing Mobile Home Park with potential for increased income by rehabbing one commercial building and two vacant Single Family Homes. 19 Single Wide Trailers; 3 Stick Built Single Family homes (2 need total rehab); 4 Double Wide Trailers; 1 Commercial building (1-3 spaces) in need of total rehab; 1 vacant commercial lot (adjoins commercial building); 1 vacant trailer PADPresent gross income is: $148,740 (actual on occupied units only)Net Operating Income is: $105,408approximate cap rate of 12.4Live on site manager. Eight adjoining parcels that total 6.85 Acres mixed residential and commercial zoning.Huge road frontage on Cumberland Road and includes corner of Carbine and Cumberland rd.Units are on Cumberland, Carbine, Caramel and Lady SlipperPINs: 0416-90-8493, 0416-90-9485, 0416-00-0760, 0416-90-9913, 0416-91-9008, 0416-00-1559, 0416-01-1135 and 0416-90-9823
    Property Features

    Lease Considered YN No Possession Close Of Escrow Property Sub Type Apartment Sewer Septic Tank Special Listing Conditions Standard Water Source Well Zoning Description R6a - Residential District



    © 2021 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2021-10-20T18:31:17.833.
     
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    Towering Pines Real Estate
    229 W. Pennsylvania Avenue
    Southern Pines NC, 28387
    Courtesy of Grant-Murray Real Estate Llc..