Property Images: 
MLS# 99135: $14,400 (4) Lots Rental Income
Asking Price: 
240,000
Subdivision: 
None
Unit/Lot #: 
Lots 1-4
6741 Tom Hunter Lane Manns Harbor, NC 27953
Lots 1-4
Waterfront: 
None

Information

$14,400 Yr (4) Lots Rental $$ Income....SELLER FINANCING 20%DOWN...TERMS TBD...or ....CASH $$ IS KING........WOW...BEST $$ DEAL. (approx only 53+/- cents per sq ft Land) ...+... .$14,400 yr Rental Income ...5.5% ROI.....(4) Improved Building Lots ...NC 64/264...BORDERS FISH + GAME LANDS (REAR) ....(4) Septics + (4) Well Water Pump Houses + (4) Electric Services...++ Road ...Total...10.5+/- Ac...($60,000 ea x 4 Improved lots)....ALL (4) LOTS TO BE SOLD TOGETHER ONE TIME...POSSIBLE (1) MORE LOT BACK 9 1/2 AC+/- = (5) LOTS TOTAL POSSIBLE****SELLER FINANCING 20% DOWN...TERMS 5-7 YRS @ 7%...or ...$$ CASH IS KING...CALL BROKER**NOTE: ....$$ VALUE + $$ RENTAL INCOME = + WIIL GO UP YR-YR.....LOCATION - LOCATION - LOCATION ..$14,400 Income Yr...You Pay Taxes $1,098 yr... ***INVESTMENT OPPORTUNITY***..10.5+/- Ac (4) Improved Lots 5.5% CAP ($13,302) Net Rental Income ***(3) Lots 1/2 Ac +/- ...+ ....(1) Lot 9 1/2 Ac +/- ...(4) LOTS READY TO BUILD YOUR HOMES or KEEP AS IS FOR $$ INCOME - POSSIBLE (1) MORE LOT BACK 9 1/2 AC +/-.....= (5) LOTS TOTAL POSSIBLE...CALL BROKER.... BUILD LATER....PRICES GOING UP.....LIMITED SUPPLY....HIGH DEMAND....Located On State Highway NC 264/64 ....Manns Harbor.......Currently Rented (4) Mobile Home Owners (Mobile Homes NOT included)...."BUILD TO SUIT" ...."TINY HOUSES" ..."HOMES" ...15 Min From Beach ..."Will Build to Suit"....Call Broker....Outer Banks NC...15 min +/- from Ocean Beach...Nags Head, NC...***Location - Location - Location***...5 Min Manns Harbor Marina....Great Return 5.5% Net on Investment (ROI) ++ Future Appreciation...POSSIBLE SELLER FINANCING - CALL BROKER...10.5+/- acre = 4 separate building lots with mobile homes currently rented $300 mo lot rent = $1,200 mo. x 12 months + $14,400 yr ...mobile homes Not included......Potential to ad more lots ******Need Housing for Employees + Locals for 5.5+ Million Tourist Annually to Outer Banks NC********.borders wild life refugee....NC 64/264 Frontage....See Pictures.....Just Across "New" Sound Bridge from Manteo...Close to all Shopping, Dining, Marinas, Beach, Schools, Hospitals + Manteo Water Front Park, Lost Colony, Elizabethan Gardens, etc ........all (4) lots to be "Sold" together......Possible seller financing with 20% down...contact broker.....See Associated Doc's for all 4 lots (Exhibits 1 thru 4 of 4 ) or call Broker)...have others...all Outer Banks areas******NOTE: SEE BACK LOT 9.3+/- AC ...POSSIBLE (1) MORE MOBILE HOME SITE WITH ENGINEERED PLAN ...TBD...(5) MOBILE HOME LOTS X $300 MO LOT RENT = $1,500 MO INCOME/ $18,000 YR ..= 7.5% ROI..RENTAL INCOME .....CALL BROKER

Area
Dare Co. Mainland
Subdivision
None
Unit/Lot#
Lots 1-4
Lot SqFt
457380
Taxes
$1098
Association Fee Included?
No
Days On Market
625
Listing Agent
Frank Jakob
Listing Office
Cape Hatteras Realty & Const.

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Eddie Goodrich
Associate Broker
Cell: 252-475-0874

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