Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 680154
- Posted On: Jun 22, 2016
- Updated On: Dec 1, 2016
Description
16.46 CAP Rate! Partners are ready to go their separate ways and have priced to sell. City Water, just outside the city limits, within 10 minute drive of Walmart Supercenter, clean, quiet MHP. 9 spaces, 8 park owned homes (2 need some rehab). Projections show NOI actually increasing by selling homes & simply collecting lot rent.
Location
Lenoir is located a little over an hour NNW of Charlotte NC and is home to $1.6 Billion Google data center. Robust and growing economy. Tight rental market. Named a Next Best Adventure Town by National Geograhic. Lenoir is part of the Hickory MSA, 4th largest in the state.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 9 |
Lot Information
| Singlewide Lots: | 9 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
