301-305 Turner St - Manufactured Housing/Mobile Housing FOR SALE


Lincolnton, NC 28092
$197,000 USD
704-530-4418
301-305 Turner St, Lincolnton, NC for Sale
$197,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/5
null | Request Cap Rate

301-305 Turner St
Lincolnton, NC 28092


OVERVIEW

ATTENTION INVESTORS! Great cash-flowing investment opportunity just minutes from downtown Lincolnton! This mobile home park features three park-owned trailers (built in 1969, 1972, and 1993) with city water and sewer. The property currently generates $23,400 in gross annual revenue with potential to increased that is zoned for 3 mobile homes. Low overhead, strong rental demand, and proximity to amenities making this a smart addition to any investor's portfolio. Don’t miss out on this value-add opportunity!

FOR SALE DETAILS

PRICE

$197,000 USD

PRICE/SF

$212 USD /SF

# OF UNITS

3

PRICE/UNIT

$65,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

-

APN/PARCEL ID

22460

ASK ABOUT THIS PROPERTY

Lee HussGilleland Realty IncMore Info
704-530-4418

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Lee HussGilleland Realty IncMore Info
704-530-4418

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.