$1,200,000
For Sale

1678 Stone Street

Mebane, NC 27302
Browse 39 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Looking for a solid investment in a prime spot? Here it is! This mobile home park is nestled in Mebane, just minutes from I-40/85.
The Stone St. Park offers fourteen lots with a community well and septic system. There are two stick-built homes, seven Tenant-Owned Homes (TOH), four rent-to-owns, and one Park-Owned Home (POH) contributing to an impressive 8.2% current cap rate.
The seller prefers selling this park with the neighboring park at 1547 Main St. (see separate MLS listing) but they're open to individual sales. For more detailed information, reach out to the listing agent. Don't miss out on this exceptional investment—it might just be exactly what you've been looking for!

  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1940
  • Utilities / Energy Details
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyAlamance
  • Financial Details
      • Taxes Annual$1,817
  • Other
      • MLS #1148422

Location

Jonathan Smith | EXP Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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