Rare Opportunity: Impeccably Managed 20-Unit Mobile Home Park with 8.65% Cap Rate Presenting a remarkable investment opportunity seldom found in the marketa meticulously maintained 20-unit mobile home park boasting an impressive 8.65% cap rate. Situated on 3.19 acres of prime real estate, this listing comprises 19 mobile homes along with an additional brick house, all meticulously cared for and updated to the highest standards. Every aspect of this property reflects superior management, ensuring minimal maintenance requirements and an exemplary tenant history. Don't miss out on this chance to secure a lucrative investment with long-term potential. Contact the dedicated listing agent today to seize this exceptional opportunity. Owner Financing may be an option.
MLS# | 4235104 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1956 |
Days On Site | 30 |
Listing Provided By | C. Rice and Associates LLC | Caleb Rice |
SQ Feet | 1,054 |
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Units | 20 |
Acreage | 3.19 |
State | NC |
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County | Burke |
City | Hickory |
Zip Code | 28601 |
Area | Burke |
School District | East Burke |
Elementary School | Ray Childers |
Middle School | East Burke |
High School | East Burke |
Listing VS Median (In 28601) | |
Price: $2,200,000 low | high Med: $359,900 SqFt: 1,054 low | high Med: 2,262 $ / SqFt: $2,087 low | high Med: $159 On site: 30 low | high Med: 30.000000 |