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Browse More Listings in Multifamily For Sale, Raleigh, NC or North Carolina

Multifamily Property For Sale

Southside MHP

8933 Ransdell Road, Raleigh, NC 27603

Price:
$1,800,000
No. Spaces:
100
Price/Space:
$18,000
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
10%
Occupancy:
98%
Lot Size:
30 AC
Find Out More...

Last Verified 10/20/2009 Listing ID 16205846

Highlights

physical occupancy 98%
economic occupancy 87%
11 abandoned homes

1 office home
2 vacant lots

Description

Sewer is operated and owned by Town of Fuquay Varina. The well water is operated by the park owner.

Located in the beautiful city of Raleigh.

Space Mix Information

Actual
Year
2009
Net Operating Income
$160,000

Description	No. Spaces	Avg. Mo. Rent
Lot Rent	100	$300

Map of 8933 Ransdell Road, Raleigh, NC 27603 (Wake County)

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Michael Nissley (678) 777-2818

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Created 4/23/2009

Additional Information for 8933 Ransdell Road, Raleigh, NC 27603

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Southside MHP

8933 Ransdell Road, Raleigh, NC, 27603