🧱$106K Profit!! Vacant Lot With Septic Systems, Well Pumps, and Electrical Connections🛠

Located in Youngsville, North Carolina, just 30 minutes from the bustling city of Raleigh, this investment opportunity offers convenient access to urban amenities while maintaining a peaceful suburban lifestyle. Situated within a 7-minute drive from downtown Youngsville, this property promises prime location for growth and development in a rapidly expanding region.

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ASKING PRICE: $164K
ARV: $400K

PREFERRED LENDER LINK

Perfect For:

🛠 2 Mobile Home Flips 

(Purchase Price) $164K + (2 Mobile Homes) $65K + $65K = (Total Investment) $294k

(ARV) $400k - (Total Investment) $294k = (Gross Profit) $106K

Mobile Home Comps:

127 S Creek Dr, Louisburg, NC 27549 - For Sale $284K ( Sits on 1.5 acres) 

155 Owl Dr, Youngsville, NC 27596 - SOLD $245K ( Sits on 1.08 acres)

103 Ranch Dr, Louisburg, NC 27549 - SOLD 207K ( Sits on 5 acres) 

🌳Land Investment

Vacant Land Market Value $100K Per Acre

Land Comps:

65 Tall Cedar Ln, Youngsville, NC 27596 -0.62 Acres SOLD 60K 

0 Wiggins Rd #3, Louisburg, NC 27549 - 1.49 ACRES -1. 49 Acres For Sale $175K
(.21 acres less than ours! Has no perk, no well, no septic, and no electrical system!) 

Property Overview:

⛰️ Acres : 1.7

Property Details:

🕳️Septic Systems: 2 (Serviced 2 years ago)

💦 Well: 2 (Serviced 2 years ago, pumps 7 gallons per minute ) 

🔌 Electrical: 2 connections 


Additional Insights:

 🤑Personal equipment and 2 mobile homes are on the lot currently but will be cleared at closing  

PLEASE CALL TO SCHEDULE SHOWINGS
(919) 646 9714
TENTATIVE CLOSE DATE ON OR BEFORE 06/06/2024