Hello Investors: This is a very unusual circumstance with a property that is grandfathered under Prince William County's ordinance and is legally operating and compliant with county regulations. It's essentially unimaginable that the county would
ever permit the creation of another property like this again. It's legally a "trailer park" with one house, two single wide trailers and one detached garage. Where are you going to find rental units with a better cash-on-cash return? 14007, 14009, and 14011 Nokesville Rd, Nokesville, VA 20181 Available today for $230,000
This property is ONE parcel that includes: House, which has 2 bedrooms, 1 bathroom, 840 sqft, with separately metered electricity (could rent for $1,200 per month) Trailer 1, which has 2 bedrooms, 1 bathroom, with
separately metered electricity (could rent for $900 per month) Trailer 2, which has 2 bedrooms, 1 bathroom, with separately metered electricity (could rent for $900 per month) Detached 2 car garage with separately metered electricity and climate control (could rent for $250 per month) Those potential rental numbers add up to $3,250 per month, which is a shocking 16.9 cap rate.
If you'd like to see more, here a good VIDEO TOUR and PICTURES: If you’re interested, please call immediately because this deal is about to fly off the shelf. For more information or to see the property, call Paul Bush at 540-987-0099.
Regards,
Paul Bush, member Skyline Property Investments, LLC 540-987-0099 |
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