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1015 Jackson Street

Roanoke Rapids, NC 27870
  • $525,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 1137676
$525,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 0 - 0
    SQFT
Type:
Multi-Family
Built:
1978
County:
Area:

School Ratings & Info

Description

50 Units Motel/Weekly with 50 Units. Includes a 6-bedroom office/apartment space. The hotel has been vacant for 5 years. Weekly's in the area are operating at 100% Occupancy. Projected Income at 100% with $1250 a month on each unit could Gross $62K Monthly. This property Could be used as a Bed and Breakfast, weekly, or Franchised Hotel Chain. Needs Minor Renovation $75K. Residential homes are selling for $40 per sq ft. ARV is $950K "SELLER FINANCING AVAILABLE"

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Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Lewis & Clark, Realtors® are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-06-12T23:31:02.847.
www.lewisclarkrealtorsgso.com/homes/149302886
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1015 Jackson Street Roanoke Rapids, NC 27870

  • Price: $525,000
  • Status: Active
  • On Site: 55 Days
  • MLS #: 1137676
0
Beds
0
Baths
0
½ Baths
N/A
Acres
0 - 0
SQFT
1978
Built
County:
Halifax
Area:
Halifax
Property Description
50 Units Motel/Weekly with 50 Units. Includes a 6-bedroom office/apartment space. The hotel has been vacant for 5 years. Weekly's in the area are operating at 100% Occupancy. Projected Income at 100% with $1250 a month on each unit could Gross $62K Monthly. This property Could be used as a Bed and Breakfast, weekly, or Franchised Hotel Chain. Needs Minor Renovation $75K. Residential homes are selling for $40 per sq ft. ARV is $950K "SELLER FINANCING AVAILABLE"
Exterior Features

Lot Dimensions .72 Lot Features City Lot Parking Deck Style Two Story

Interior Features

Appliances Electric Water Heater Cooling Wall Unit(s)Window Unit(s) Heating Forced AirElectric

Property Features

Association YN No Built Information Existing City Limits YN Yes Heating Fuel Electric Listing Terms CashConventional Pool Features In Ground Pool YN Yes Property Sub Type Remarks Sewer Public Sewer Special Listing Conditions Owner Sale Water Heater Electric Water Source Public

Listing information © 2024 Triad MLS, Inc. All rights reserved. Listing provided courtesy of ARC Real Estate LLC: . Information deemed reliable but not guaranteed.


Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Lewis & Clark, Realtors® are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-06-12T23:31:02.847.
 
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Lewis & Clark, Realtors®
1016 N. Elm Street
Greensboro NC, 27401