150 Golden Oaks Lane, Ellenboro, NC 28080
sale
$150,000
|
Other
Courtesy Of Asheworth Group WNC Real Estate LLC
4 Manufactured Homes - Investment Opportunity- Addresses are 150, 197, 201, and 202 Golden Oaks Lane, Ellenboro Golden Oaks Community (Land Lease)- Land is not included. Purchase includes four (4) manufactured homes located in Golden Oaks Community, a land lease community owned by FG Communities. Three homes are currently income-producing, with one recently renovated and ready for occupancy, offering immediate upside potential. Property Breakdown: 150 Golden Oaks 1994 Horton Doublewide | 3BR / 2BA Title in hand Month-to-month tenant (long-term, strong payment history) Rent: $1,000/month 197 Golden Oaks 1997 Oakwood Singlewide | 3BR / 2BA Title in hand Tenant in place (lease) Rent: $1,100/month 201 Golden Oaks Renovated Singlewide | 2BR / 1BA Updated kitchen, bath, flooring, and paint Bill of sale only (no title) Currently vacant Projected Rent: $800-$900/month 202 Golden Oaks 1995 Oakwood Singlewide | 2BR / 2BA Title in hand Month-to-month tenant Rent: $950/month (includes water) Utilities & Maintenance: Tenants reimburse water (bill remains in owner's name) Tenants responsible for yard maintenance and general upkeep Land Lease: $330/month per home ($1,320 total/month) Homes may remain in place (application for lease for land must be completed) for continued income or be relocated to your own land. Income Summary: Current Income (3 units occupied): $3,050/month | $36,600/year Stabilized Income (all 4 units rented): $3,850-$3,950/month | $46,200-$47,400/year Annual Lot Rent: $15,840/year
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Property Features
- Age: 31-40 Years Old
- Legal Description: 4 Manufactured Homes- No Land Included
- MLSID: 4360322
- Parking Spaces: 8
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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