Two parks a few blocks apart in Elm City, NC. 27 total lots. 20 occupied lots. Huge opportunity to increase the park value by increasing rents as well as through infill. These parks are in Wilson County, less than an hour from Raleigh, NC. One park-owned home. Water, sewer, and trash are all directly billed to residents with no park involvement, making for easy management. Current lot rents are well under market value at $150. They were raised in June 2022 from $125 to $150 for the first time in 20 years. Roads are paved and in good shape. The city maintains the road in 1 park and the park is responsible for the other. Potholes were filled in the past few years and the road is in good shape in the park where the park owns the roads. These properties have significant upside in raising rents to market and infilling the 6 vacant lots. Serious inquiries only please email hello@voyageinvesting.com to get a link with rent roll and other information.
