1015 Jackson Street
1015 Jackson Street
Due Diligence Period
Due Diligence Period
Description
Motel/Weekly with 50 Units. Includes a 6-bedroom office/apartment space. The hotel has been vacant for 5 years. Weekly’s in the area are operating at 100% Occupancy. Projected Income at 100% with $1250 a month on each unit could Gross $62K Monthly. This property Could be used as a Bed and Breakfast, weekly, or Franchised Hotel Chain. Needs Minor Renovation $75K. Residential homes are selling for $40 per sq ft. ARV is $950K50 Units
Motel/Weekly with 50 Units. Includes a 6-bedroom office/apartment space. The hotel has been vacant for 5 years. Weekly’s in the area are operating at 100% Occupancy. Projected Income at 100% with $1250 a month on each unit could Gross $62K Monthly. This property Could be used as a Bed and Breakfast, weekly, or Franchised Hotel Chain. Needs Minor Renovation $75K. Residential homes are selling for $40 per sq ft. ARV is $950K
- Listed by Andre Cobbs • ARC Real Estate LLC
Property Details for 1015 Jackson Street
Location
Property Details for 1015 Jackson Street
| Status | Due Diligence Period |
|---|---|
| MLS # | 1137676 |
| Days on Market | 31 |
| Taxes | $4,483 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Remarks |
| Year Built | 1978 |
| Lot Size | - |
| County | Halifax County |
Location
Building Information for 1015 Jackson Street
Payment Calculator
$3,648 per month
30 year fixed, 7.25% Interest
$3,274
$374
$0
Property Information for 1015 Jackson Street
- County Or Parish: Halifax
- City: Roanoke Rapids
- Directions: In between 11th st and 10th st.
- Latitude: 36.455804
- Longitude: -77.658839
- Postal Code: 27870
- City Limits: Yes
- List AOR: Winston-Salem
- Tax Rate: .00%
- Tax Annual Amount: $4,483.00
- Tax Assessed Value: $275,200.00
- Tax Year: 2023
- Parcel Number: 399810473495
- Association: No
- Parking Features: Deck
- Lot Features: City Lot
- Lot Size Dimensions: .72
- Total Heated Finished SqFt Range: 0 - 0
- Water Source: Public
- Year Built: 1978
- Photos Count: 4
- Property Type: Residential Income
- DDP End Date: 05-19-2024
- Deed Book: 2205
- Deed Page: 573
- Documents Count: 5
- Heating Fuel: Electric
- Sewer: Public Sewer
- Water Heater: Electric
- Pool Features: In Ground
- Pool: Yes
- Appliances: Electric Water Heater
- Cooling: Wall Unit(s), Window Unit(s)
- Heating: Forced Air, Electric
- Number Of Units In Community: 0
- Listing Agreement: Exclusive Right To Sell
Property History for 1015 Jackson Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1015 Jackson Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 8 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
William L Manning Elementary PublicPK to 5 | ||
Roanoke Rapids Early College High Public8 to 12 | ||
Roanoke Rapids High Public9 to 12 | ||
Chaloner Middle Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of ARC Real Estate LLC
Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.
