R-30 Zoned 6.33 Acres in South Raleigh NC

Great Lot in a HOT SPOT!

Build a Few Custom Homes, Or Split the Lots and Sell the Mobile Homes Separately

Or Simply Keep it As-Is for a Cash Flowing Asset

All Mobile Homes Have Separate Septic

Sharded Well with Pump House and Elec. Meter

Details

2 Double Wides / 2 Single Wides

All Mobile Homes are in Good Shape for Rentals

ARV for Each Mobile Home on Split Lots $200-$250k

Photo Link: https://photos.app.goo.gl/L6QkkzrGDQcr2hkf6

Drone Video: https://youtu.be/WrOmEGiqoy4

Asking: $350-$370k

ARV: $800k+

Land Comps

5932 Holland Church Rd, Raleigh, NC 27603 - SOLD $265k (2 Acres)

9920 Sauls Rd, Raleigh, NC 27603 - PENDING $250k (3.34 Acres)

6616 Rock Service Station Rd, Raleigh, NC 27603 - PENDING $108k (1.68 Acres)

Mobile Home Comps

204 Benar Dr, Raleigh, NC 27603 - SOLD $250k

1100 Yakimas Rd, Raleigh, NC 27603 - SOLD $260k

5809 Wakashan Cir, Raleigh, NC 27603 - SOLD $273k

Property is Delivered Occupied with 3 Tenants on M2M

COE On or Before July 28th

Please See Drone Video in Listing

Call to Schedule any Walkthroughs or Inspections