Property Description

4 Manufactured Homes ? Investment Opportunity- Addresses are 150, 197, 201, and 202 Golden Oaks Lane, EllenboroGolden Oaks Community (Land Lease)- Land is not included.Purchase includes four (4) manufactured homes located in Golden Oaks Community, a land lease community owned by FG Communities. Three homes are currently income-producing, with one recently renovated and ready for occupancy, offering immediate upside potential.Property Breakdown:150 Golden Oaks1994 Horton Doublewide | 3BR / 2BATitle in handMonth-to-month tenant (long-term, strong payment history)Rent: $1,000/month197 Golden Oaks1997 Oakwood Singlewide | 3BR / 2BATitle in handTenant in place (lease)Rent: $1,100/month201 Golden OaksRenovated Singlewide | 2BR / 1BAUpdated kitchen, bath, flooring, and paintBill of sale only (no title)Currently vacantProjected Rent: $800?$900/month202 Golden Oaks1995 Oakwood Singlewide | 2BR / 2BATitle in handMonth-to-month tenantRent: $950/month (includes water)Utilities & Maintenance:Tenants reimburse water (bill remains in owner's name)Tenants responsible for yard maintenance and general upkeepLand Lease:$330/month per home ($1,320 total/month)Homes may remain in place (application for lease for land must be completed) for continued income or be relocated to your own land. Income Summary:Current Income (3 units occupied):$3,050/month | $36,600/yearStabilized Income (all 4 units rented):$3,850?$3,950/month | $46,200?$47,400/yearAnnual Lot Rent:$15,840/year

Property Features