103 Albert Brown Mhp Ln, Greenevers, NC 28458

Property Description

If you're looking to grow your investment portfolio, here is your opportunity. Both Water and Sewer are in place for 5 manufactured homes (verified in writing with Greenevers). Four singlewides lease space for placement on the land at $175 per month and a 5th unit, 123 Albert Brown (the 911 address), is owned by the sellers and previously rented for $500 per month (personal property). Per the sellers, they have not collected rent in approximately 1-year on these units; the amounts previously collected do appear to be sub-market rate. There are no available ledgers, PnL's, previous copies of leases and would be considered ongoing however, not enforced by the sellers. This property had been producing and can be a good stream for the organized investor looking to restructure/organize and improve their portfolio. Please do not disturb the tenants pre-contract. The lot is 2.37 acres by description with GIS measuring out to approximately 1.77 acres, no survey in hand.