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Roberta Workman
  • Real Estate Investor
  • Ocala, FL
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Where to list investment property in NC?

Roberta Workman
  • Real Estate Investor
  • Ocala, FL
Posted Nov 15 2011, 22:46

My DH and I are half owners of a property in Newton, NC, which we wish to sell. His sister is also half owner and does not wish to sell. Our attorney informs us he can get a judge to order the sale if we present an acceptable contract.

The property is 9.27 acres zoned R20, 2 houses per acre, all cleared with water and sewer, on a paved road and adjacent to a fully developed subdivision. There is a house at the back of the property that would be an easy conversion to a duplex. It has 3 bedrooms 3 baths, kitchen, formal living room, den, 2 car garage upstairs, and 2 bedrooms 1 bath, den with rock fireplace, kitchen, and garage downstairs, connected only by an easily closed-off stairwell.

The house was built in 1968 and has not been updated since (think orange Formica). We are thinking in the $250K price range. Where would you list such a property? Is Loopnet a viable selling tool? Thank you for any suggestions you may have.

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