Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
This 52 pad MHP offers a density that is difficult to find either on, or off the market in Western NC! The park contains mostly older singlewides, with 14 tenant owned units, 11 park owned units, 17 vacant park owned units, 10 vacant pads. The park features a gently sloping topography that offers pleasant views from the knoll top in the center of the property. MHP pads and units are served by a combination of individual and shared septics. Landlord covers trash/waste service, also city water/sewer billing. The opportunity exists to pass thru additional utility expenses to tenants. Zoned R-3 in Burke County. Convenient location only 7 miles to downtown Morganton and 9 miles to downtown Lenoir with high visibility and easy access off Hwy 64. All considered, this park offers an excellent opportunity for a value-add investor to create significant long-term cash flow with a good park density in a growing region that will see continued housing demand.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned, Driveway, Shared Driveway
-
Pool
No
-
View
Mountain(s)
Area & Lot
-
Lot Features
Cleared, Sloped, Views
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,950,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Shared Well, Well
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Location
County
Burke
Elementary School
Middle School
High School
Listing Courtesy of Collin O'Berry , Keller Williams Professionals
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Agent
Zaneta Mowatt
Call Zaneta today to schedule a private showing.
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