4844 Castle Hayne Road, Castle Hayne, NC 28429

Property Description

HUGE price reduction and motivated seller that would like to remain as long term tenant on a portion on the property. Income producing with so much more potential. This property consists of 3 parcels totaling +/- 5.98 acres with a B--1 zoned 2.69 acre tract with 255' of road frontage on Castle Hayne Road less than 2 miles from GE & airport. This property includes a gutted home/office in front with new hvac, siding and paint. New flooring and fixtures to come. This could be an amazing retail /office space with tons of space to park equipment or inventory. The seller will finish this space. All this before the newly constructed high gated fence to the back section that is newly graveled with massive garage and a carport structure. The front section and road frontage is vacant and ready for your personal use or added rental income. The area behind the fence is currently owner occupied. The Owner/seller would like to stay and would sign a 2-5 year lease back with very favorable lease payments and potentially an option to renew with an escalation. Add to this a small trailer park that is generating rental income on the lots. Currently 5 trailers (owner by tenants). Well water provided by owner, everything else paid by tenants. Very easy income. Add to this another 1.47 acre wooded lot with potential to expand. See aerial for layout. All parcels are adjacent. So many ways to share occupancy and/or rent out and have income coming in. This one is unique and an awesome opportunity. Call for more details.