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$ 1,300,000
Est. payment | /mo
$ 1,300,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Remarks
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1227117
HOA Y/N No
Year Built 1940
Property Sub-Type Remarks
Source Triad MLS
Property Description
Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site. The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!
Location
State NC
County Alamance
Building
Sewer Septic Tank
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Jamie Purvis • RE/MAX Executive
Nearby Locations
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