Rockingham NC Multi Family for Sale
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Courtesy: GRANT-MURRAY REAL ESTATE LLC.
910-829-1617
ADDITIONAL INFORMATION
Nice mobile home park on 42 Acres and located a short distance to HWY 74 and Rockingham Motor Speedway. The park is accessed by 2 private, well maintained garvel roads (Cameron and Destiny Drive). This is nice country setting with spacious lots and plenty more land for expansion. Currently offered at 11% cap rate with low rents and littel turnover.This is a great value add offering.13 total pads 11 trailers with titles10 occuppied trailers1 trailer is vacant and in need of rehab.2 vacant, overgrown pads
- Type:
- Cluster
- Sq.Ft.:
- 12,408
- Status:
- Active
- Beds:
- 32
- Lot size:
- 5 Acres
- Year built:
- 1980
- Baths:
- 16.00
- MLS#:
- 4187048
ADDITIONAL INFORMATION
This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $250+/mo in laundry income. Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!
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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Rockingham Real Estate
The median home value in Rockingham, NC is $186,250. This is higher than the county median home value of $103,100. The national median home value is $338,100. The average price of homes sold in Rockingham, NC is $186,250. Approximately 45.59% of Rockingham homes are owned, compared to 37.01% rented, while 17.41% are vacant. Rockingham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rockingham real estate agent to arrange a tour today!
Rockingham, North Carolina has a population of 9,200. Rockingham is less family-centric than the surrounding county with 14.6% of the households containing married families with children. The county average for households married with children is 19.97%.
The median household income in Rockingham, North Carolina is $33,351. The median household income for the surrounding county is $38,926 compared to the national median of $69,021. The median age of people living in Rockingham is 41.4 years.
Rockingham Weather
The average high temperature in July is 91 degrees, with an average low temperature in January of 30.8 degrees. The average rainfall is approximately 44.6 inches per year, with 1 inches of snow per year.