109 Grand Oaks Ct Statesville, NC 28677

Property Details for 109 Grand Oaks Ct

Year built

1988

Lot size

1.92 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 16-space trailer park situated on a spacious 1.92-acre lot in Statesville, North Carolina. Located in a rapidly expanding area experiencing robust job growth and high rental demand, this property offers significant potential for immediate and long-term returns. All 16 trailer spaces are equipped with convenient city water and sewer services, ensuring a comfortable and convenient living experience for tenants. Individual metering for each space provides efficient utility management and cost allocation. The property's prime location within a thriving market makes it an attractive proposition for investors seeking a stable and profitable venture in the commercial real estate sector. The substantial lot size offers potential for future expansion or development, further enhancing the property's long-term value. This turnkey operation requires minimal management overhead, making it an ideal investment for both seasoned and novice investors. The strong rental market in Statesville ensures consistent occupancy rates, contributing to a reliable and predictable income stream. This is a rare opportunity to acquire a well-established, income-generating asset in a high-growth area with significant upside potential. The property's current configuration and infrastructure provide a solid foundation for continued success and future growth. Serious inquiries are encouraged to explore this promising investment opportunity further. The asking price of $325,000 reflects the property's exceptional value and potential for substantial returns.