Property Listing No Longer Available for Sale

190 Bucks Corner Road, Swansboro, NC 28584

Peletier, NC

Mobile Home Park for Sale - $359,956 - 5.15 acres


Property Info

CIMLS#1074981
Location
  190 Bucks Corner Road, Swansboro, NC 28584
  Peletier NC 28584
UpdatedApril 30th, 2021
TypeMobile Home Park
Price$359,956
Land5.15 acres

Property Description

Back on the market! Small mobile home park at the Crystal Coast, minutes to the beaches of Emerald Isle. Currently has 12 lots with all 12 leased at $230/month, and potential for more lots subject to perc tests. Current septic systems include 8 permitted for 2 bedrooms and 4 for 3 bedrooms. 5.12 acres total. Located in Peletier on the corner of Whitehouse Fork Rd and Bucks Corner Rd with frontage on both. Just a short hop from Hwy 58. Minutes to beaches of Emerald Isle or Carteret County Speedway! Great investment for steady monthly income with very little operating expense (approx $5,500 annually). Also has potential for other uses such as an RV park like next door (recently rezoned from R15-M to MC which allows MH parks & RV parks), or possibly subdividing into individual lots.


Financials

12 lots rented for $230/month, soon to be increased to $250 or $260. All 12 rented. No park owned homes

Annual expenses: Taxes $1,231.00 Trash $3,373.00 Electric (street light) $508.00 Liability Insurance $400.00