229 E Court Street

    Marion, NC 28752
    • $265,000
    • STATUS: Active
    • ON SITE: 301 days
    • ID#: 3340987
    UPDATED: 118 min ago
    $265,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,969
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1999
    County:
    Area:

    School Ratings & Info

    Offered by Nai Beverly-Hanks. Copyright 2018 Carolina Multiple Listing Services. All rights reserved.

    Description

    Attention Investors! Opportunity to purchase a turnkey investment property with instant passive income at a 8.6% cap rate. Annual income is $22,800, and current tenant is on a ten-year triple net lease. Existing business is a well-established, reputable child care center operating with top-notch management. No immediate capital expenditures. Possible owner financing for qualified buyer. Located in Marion, North Carolina, four blocks from the city's downtown area. Shown by appointment only.

    Monthly Payment Calculator



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Exit Mountain Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2018 Carolina Multiple Listing Services, Inc. Data last updated 2018-11-14T23:59:01.71.

    Digital Millennium Copyright Act
    www.exitmountainrealty.com/homes/80023924

    229 E Court Street Marion, NC 28752

    • Price: $265,000
    • Status: Active
    • Updated: 118 min ago
    • ID#: 3340987
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    2,969
    SQFT
    $89
    $/SQFT
    1999
    Built
    Neighborhood:
    Marion
    County:
    Mcdowell
    Area:
    Marion
    Property Description
    Attention Investors! Opportunity to purchase a turnkey investment property with instant passive income at a 8.6% cap rate. Annual income is $22,800, and current tenant is on a ten-year triple net lease. Existing business is a well-established, reputable child care center operating with top-notch management. No immediate capital expenditures. Possible owner financing for qualified buyer. Located in Marion, North Carolina, four blocks from the city's downtown area. Shown by appointment only.
    Exterior Features

    Buildings 1 Foundation Block Rail Service No Road Frontage 33 Roof Architectural Shingle

    Interior Features

    Cooling Central Heating Central Max Sq Ft Avail 2969 Min Sq Ft Avail 2969 Sprinkler N/A

    Property Features

    Agent Owner No Commercial Type Special Purchase Construction Status Complete Cross Street Vine Street Flood Plain No Gross Scheduled Income 22800.00 In City Yes New Construction No Restrictions None Restrictions Description No Sale Lease Includes BuildingFixturesLandOther Secondary Type Business Special Conditions None Utilities CableCity SewerCounty SewerElectricityTelephone Zoning None Zoning Desc None



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Exit Mountain Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2018 Carolina Multiple Listing Services, Inc. Data last updated 2018-11-14T23:59:01.71.

    Digital Millennium Copyright Act
     
    Exit Mountain Realty
    1301 Asheville Highway, Suite A
    Brevard NC, 28712
    Offered by Nai Beverly-Hanks. Copyright 2018 Carolina Multiple Listing Services. All rights reserved.
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