Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.0%
- Listing ID: 6802898
- Posted On: Jan 10, 2025
- Updated On: Jan 10, 2025
Description
1 acre lot in fast growing Franklinton, NC (within the Raleigh MSA). Existing well and septic. One tenant-owned home on site paying $425/month lot rent. Existing well was installed in past 10 years and a new casing was installed in 2024. Tenants have been there for 10+ years. They pay electric & trash directly.
Email: Amanda@VoyageInvesting.com
Location
Pocomoke #2 Dr in Franklinton, NC. Franklinton is a suburb of Raleigh and its population is skyrocketing like the rest of the Raleigh MSA.
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Park Information
| Number of MH Lots: | 1 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $425 |
| Size: | 1 acre(s) |
Lot Information
| Singlewide Lots: | 1 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
