$129,000
$148,500
13.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,512 SqFt
SOLD DATE : 12/15/2025
Key Details
Sold Price $129,000
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $85
Subdivision Key Estates
MLS Listing ID 10128108
Sold Date 12/15/25
Bedrooms 3
Full Baths 2
HOA Fees $11/ann
HOA Y/N Yes
Year Built 1999
Annual Tax Amount $981
Lot Size 1,512 Sqft
Acres 0.9
Property Sub-Type Manufactured On Land
Source Doorify MLS
Land Area 1512
Property Description
Excellent opportunity to own a refreshed and income-producing 3 Bedroom, 2 Bath manufactured home on a spacious 0.9 acre lot. Offering 1,512 sq. ft. of living space, this home was built in 1999 and has been updated twice in recent years - most recently in February 2025. Upgrades include new LVP and vinyl flooring (2021), new carpet (Feb 2025), and a GE range (Dec 2022), ensuring modern appeal and reduced near-term maintenance costs. Currently tenant-occupied, the property provides immediate rental income and now achieves a 7.1% cap rate at the reduced price of $148,500. With current rents still below market value, investors will appreciate the upside potential for increased returns. Showings must be coordinated with the leasing office, and tenants require 48-hour notice. Available Monday through Friday between 10 AM and 4 PM. Additional financials available upon request - contact Jessica today for details or to schedule a showing. With steady cash flow, a prime 7.1% cap rate, and strong rental demand, this is a versatile investment or ownership opportunity in a growing market.
Location
State NC
County Vance
Community Key Estates
Area 0.9
Interior
Cooling Central Air
Flooring Carpet, Luxury Vinyl, Vinyl
Fireplace No
Exterior
Parking Features Driveway
Roof Type Shingle
Garage No
Building
Story One
Foundation Block, Brick/Mortar
Water Private, Well
New Construction No
Schools
Elementary Schools Vance - New Hope
Middle Schools Vance - Vance County
High Schools Vance - Vance County
Others
Tax ID 0365C01015
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "






