Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 874021
- Posted On: Oct 30, 2017
- Updated On: Apr 30, 2018
Description
ATTENTION MHP INVESTORS & LAND DEVELOPERS!
Own your own Mobile Home Park in a great location in Morganton, NC. with an excellent potential for future development. This Mobile Home Park is on 6.25 Acres, 25 Lots including a House with 2 car garage & 1 office in the garage. It's perfect for a couple live in the house and manage the park. 6 Park own MHs including house, 17 tenants' own. 2 Lots available and add 2 mobile homes and get $900 extra month rents. Or, rent the lots out and get $350 per month extra. For the future development, the major road divides the park into two one side 2.86 acres and 3.39 acres another side. It is an outstanding location for the future development for retirement community one side and storage for another. Tenants pay for their utilities except for water. Currently, the property produces gross about $6,000 per month. Lot rent is $170/mo and will be $175/mo in Jan. 2018. Information available to serious inquiry.
Park Information
Community Type: | All Age |
Number of MH Lots: | 25 |
Total Occupancy: | 92.0 % |
Year Built: | 1980 |
Average MH Lot Rent: | $170 |
Size: | 6 acre(s) |