13.8% Cap rate Great investment opportunity, 6 trailers on 6.8 acres in Cane Bay schools. The sale includes 3 different plats, 5 utility poles and 4 septic tanks. All the units have vinyl floors and panel walls for easy maintenance, tenants sign 1 year lease and then month to month after that. Turnover is usually 2-3 years per unit. Currently 5 tenants in place and one trailer needs minor repairs. Each trailer has central HVAC with a package unit. Prime location and potential to do multiple things with the land. Also a trailer on site which has been used as an office, and additional large shed for storage. Units run on all electric. All separate addresses.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
