Was priced at $85k (12cap) now $69K (almost 15cap) I need cash! Excellent investment opportunity. Seven contiguous lots with mobile homes on them. Mobile homes are all owned by occupant or local investor. Public water and sewer: no owner responsibilities. Low taxes.

Lots are an established quiet community in down town Aurora. Aurora is a small town in coastal NC (Beaufort County) with a large and growing phosphate mine nearby that will keep the town alive forever. Six of the lots are rented for $125month and one for $150 (all Could be raised to $150 or more eventually) for a total of $900/month. At this price you are earning a hassle-free 14.5% net return on your investment that will go up as lot rents rise with inflation. There is also development potential as the lots are near the water and make up 1/2 of a block (Together, just under two acres. Some nice Pecan trees too).

No park homes, no owner utilities, no common areas. Total annual taxes under $500/year. What's the catch? The catch is I need cash quickly to cover other obligations.

Can finance $10K, no more.

If interested, email or call me at (252)375-4569. Paul