5,325 +/- SF multifamily apartment complex on 1.02 +/- acres. Six 2BR/1Bth +/- 850 SF apartments, each with full kitchen, living room, front/back porch and washer/dryer hookups. High occupancy rate - little or no competition in immediate area. Under professional management for 5+ years. Quick access to shopping and restaurants in Blacksburg, Gaffney, Charlotte and Spartanburg. Separately metered, tenants responsible for own utilities. All brick - low maintenance. each unit, central HVAC. Land for additional units. Public water/septic tank. +/- $18,000/YR. NOI
Size Upon Req.$1,595,000
OWNER FINANCING LONG TERM !!!! Open-Air Mobile Home Park is an 89 lot park on 98+/- acres. Phase 1 has 58 lots and is all paved roads. 31 lot Phase 2 was built in 2001 and the roads are gravel. Phase 1 has a master water meter from the town of Blacksburg and Phase 2 each lot is metered for water from the town. All lots have individual septic systems. There are 31 lot renters, 52 park owned homes & 6 vacant lots ready for a home. The Park is extremely well maintained by the ownership. Same ownership since built. Owner lives in Charlotte and is retiring and will finance park long term to an acceptable buyer. There is 35 acres of undeveloped land for expansion.