Mobile Home Park Details

  • Cap Rate: 13.7%
  • Listing ID: 13929
  • Posted On: Jun 24, 2010
  • Updated On: Nov 13, 2017

Description

Lenoir is considered one of the gateway cities to the beautiful Blue
Ridge Mountains and it’s recreational areas and it’s only 15 minutes
from Blowing Rock and 30 minutes from Boone. Ski slopes are
equally as accessible. This is the perfect location for nature lovers
and outdoor pursuits. Moses Cone Park and the Blue Ridge Parkway
with their miles of trails, ample camping, equestrian trails, kayaking,
bicycling and other pursuits are only minutes away.
The recreational areas of North Carolina have become a haven for
retirees and others wishing to escape the rugged winters of the
northern US or the incessant heat of regions farther south. Lenoir
enjoys more moderate year round temperatures than it’s more elevated
counter-parts. In addition, it’s home to a surprising number
of national and multi-national companies.
Caldwell County is part of the Hickory-Morganton-Lenoir Metropolitan
Statistical Area, the fourth largest MSA in North Carolina.
This four-county MSA has a population of over 300,000 people.
Caldwell County is located slightly north of Interstate 40 and is
framed by the Catawba River and the Blue Ridge Parkway. Caldwell
County presents a geographic picture of stately mountains and lush
valleys dotted with cities, communities and farmlands.
US Highway 321 (a four-lane highway) threads its way from the
river to the mountains. Caldwell County is 69 miles northwest of
Charlotte, 73 miles east of Asheville and 73 miles west of Winston-
Salem. Other MSA's within 100 miles include Greenville and Spartanburg,
South Carolina and Johnson City, Kingsport and Bristol,
Tennessee.
For additional information about Lenoir, Caldwell County and
other areas of local interest, see the web links below:
Moses Cone Park
http://www.blowingrock.org/mosescone.html
Caldwell County Chamber of Commerce
http://www.caldwellcochamber.org/
Caldwell County Economic Development
http://www.caldwelledc.org/

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Park Information

Number of MH Lots: 22

Financial Information

Gross Income: $92,064
Operating Expense: $23,746
Net Operating Income: $68,318
Expense Ratio: 25.8 %