Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site. The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!
| MLS # | 4399573 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 54 |
| Listing Provided By | RE/MAX Executive | Jamie Purvis |
| SQ Feet | 9,800 |
|---|---|
| Car Port | Yes |
| Units | 15 |
| Acreage | 16.06 |
| Cooling | Central Air |
|---|---|
| Heating | Heat Pump |
| Appliances | Refrigerator, Washer/Dryer |
| Construction Materials | Vinyl |
|---|---|
| Foundation Details | Crawl Space |
| Garage Yes / No | No |
|---|---|
| Parking Features | Attached Carport |
| List Aor | Canopy Realtor Association |
|---|
| Property | 340241 |
|---|
| State | NC |
|---|---|
| County | Alamance |
| City | Mebane |
| Zip Code | 27302 |
| Area | Alamance |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 27302) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 9,800 low | high Med: 9,800 $ / sqft: $133 low | high Med: $133 On site: 54 low | high Med: 54 | |
| State | NC |
|---|---|
| County | Alamance |
| City | Mebane |
| Zip Code | 27302 |
| Area | Alamance |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 27302) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 9,800 low | high Med: 9,800 $ / sqft: $133 low | high Med: $133 On site: 54 low | high Med: 54 | |