184 Maple Road, Burgaw, NC 28425
- $525,000
- Sold Price
- $525,000
- List Price
- $599,000
- Status
- CLOSED
- MLS#
- 100286690
- Closing Date
- Jan 03, 2022
- Days on Market
- 296
- Year Built
- 2010
- Acres
- 4.37
- Neighborhood
- Maple Hill
- Stipulations
- None
Property Description
Owner has invested significant capital into the property in the last twelve months including full replacement two units and complete renovation on ten units. Renovations include new paint, carpet, flooring, kitchens, appliances, windows. Six of the units have entirely new HVAC systems with warranties in place. Landscaping has been rehabbed and the street paved. The well on-site services the entire park and is about 7 years old. Each unit has its own septic with no knows issues. Current owner has one unit off-site that can be included in the sale at no cost. Recent kool-seal added to all roofs for water proofing and increased efficiency. Park currently has one unit out of service, approximate cost to finish the unit is $12,000. Additional upside here with the ability to push rents on the units closer to $700 per month for a renovated 2bed/1 bath and $750 per month for a renovated 3 bed/1 bath.
Mortgage Calculator
Listing courtesy of Cape Fear Commercial, Llc. Selling Office: A Non Member.
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.