Wadesboro owner financing home - a multi family property ( beds, baths)

Attention investors! This 27-unit property with potential for expansion is an incredible opportunity for someone looking to start or expandtheir real estate investment portfolio. This mobile home park contains seven units that are park-owned and twenty units that are lot rent only. Per the current owner, they county will allow up to 30 homes in the park, so three additional income-producing properties could be added. All homes have access to county water. It is currently 96% occupied with only one current vacancy (lot rent only). Projected monthly income when all properties are rented is $9380.00. Owner is responsible for road and septic maintenance as well as trash pickup. The neighborhood is currently contracting for weekly trash pickup costing approximately $420/month. An appraisal was conducted on the property in 2022 and valued at the current list price of $800,000. Seller financing negotiable.This owner financing home is a multi family property located in Wadesboro. It offers in size, beds and baths. Review its detailed information and determine if this Wadesboro owner financing has the qualities you are looking for.

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.