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Eden Roc Trailer Park 9645 Eden Trl

6 Unit Mobile Home Park $895,000 ($149,167/Unit) 4.25% Cap Rate Fuquay Varina, NC 27526

Investment Highlights

  • Great Location Close to Wake Tech and 540 Outer Loop
  • Community Well
  • All Singlewides will convey
  • 6 Units on 4 Lots
  • 2 Units per Septic System
  • Singlewides Vary in Age, 2 Replaced in 2013

Executive Summary

MOBILE HOME PARK FOR SALE! Great Investment Opportunity! 6 Income producing rentals on 1.95 acres in great location close to Wake Tech and new 540 Outer Belt! Total Monthly Rent $3750. Total of 6 Singlewides on 4 lots. 2 Singlewides per septic system, community well for all units. Sep Electric meters, great parking. Rental Rates are below Market Value, Some units could use some TLC and great opportunity for rental increase!

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $895,000
Price Per Unit $149,167
Sale Type Investment
Cap Rate 4.25%
No. Units 6
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Lot Size 1.95 AC
Building Size 5,800 SF
Average Occupancy 100%
No. Stories 1
Year Built 1985

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating

Site Amenities

  • Picnic Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 3 - -
3+2 2 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0688.01-18-3189-000
  • 0688.01-18-4497-000
  • 0688.01-18-4229-000
Land Assessment
$255,000
Improvements Assessment
$0
Total Assessment
$255,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024

zoning

Zoning Code RA
RA
  • Listing ID: 32791844

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 9645 Eden Trl, Fuquay Varina, NC 27526

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