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Key Details
Sold Price $465,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1104459
Sold Date 08/21/23
HOA Y/N No
Originating Board Triad MLS
Lot Size 7.410 Acres
Acres 7.41
Property Description
Great investment opportunity! This established Mobile Home Park is over 7 acres consisting of 11 total home sites! 9 Homes are owned by the seller located on Kenway Dr, the other 2 are lot rent only located on Needmore Rd. Most of the homes are rented, and the two lots are currently rented and paying lot rent. The entire property is on a shared well. Each home is equipped with it's own septic system. Seller has no rent roll. Seller has no repair records. Seller has no occupancy-vacancy records. Seller has no history of operating expenses. No seller financing available. Seller is responsible for the electric to the well which runs between$40-$60 per month. Seller is responsible for the upkeep of the homes owned by the park. Each renter is responsible for there own yard maintenance.
Location
State NC
County Rowan
Rooms
Other Rooms Manufactured Home
Exterior
Street Surface Dirt,Gravel
Building
Lot Description Cleared, Level, Rolling Slope, Sloped
Sewer Septic Tank
Water Shared Well
New Construction No
Others
Special Listing Condition Owner Sale
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Bought with Century 21 Towne & Country