769 Bells Island Rd - Specialty FOR SALE


Currituck, NC 27929
$3,000,000 USD
864-915-0849
769 Bells Island Rd, Currituck, NC for Sale
$3,000,000 USD
Specialty - FOR SALE
1/11
null | 7.19% Cap Rate

769 Bells Island Rd
Currituck, NC 27929


OVERVIEW

Aline Capital’s MHRV division proudly presents a strong investment opportunity—the acquisition of an established RV Park situated in the Outer Banks of North Carolina. Offering a short drive to Kitty Hawk, NC, Chesapeake, VA, and Elizabeth City, NC. This oceanfront campground boasts 20 acres and 72 total units, consisting of 64 RV sites, 6 tent sites, 1 SFH, and 1 MH. The opportunity has both the benefit of immediate operation and value-add potential driven through operational expertise. In addition, it checks the box for one of the most critical aspects of a sound real estate investment-- location. Current occupancy is a combination of seasonal, monthly, and nightly guests. The current owners have held the property for 20+ years and made a number of improvements to infrastructure. They’re now ready to enjoy retirement with their family. *owner financing available with 25% down, 5% interest, 10 year term, 35 year amortization

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

7.19%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bells Island Campground

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.58 AC

LAND SF

591,753 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alex WillerAline CapitalMore Info
864-915-0849

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Alex WillerAline CapitalMore Info
864-915-0849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.