Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1985
Sq.Footage
N/A
Premier Real Estate Team presents West Park Trailer Park, a ±50-pad mobile home community in Lexington, NC. Appraised at $2.6M (July 2024) and now offered at $1.9M for a quick close, this is a true value-add opportunity with multiple levers for growth. Highlights: •39 developed pads + 11 approved expansion pads (municipal approvals in place, infrastructure budgeted) •23 park-owned homes — many recently acquired and ready for repositioning or resale •Individually metered utilities streamline future operations •Strong upside via rent increases, home sales, and infill/expansion Location: Located near the Piedmont Triad near Winston-Salem, High Point, and Greensboro, a region experiencing job growth and high demand for affordable housing. Terms: •$2.4M seller financing with $800K down •Or $1.9M all-cash, quick close July 2024 appraisal available with signed CA. Property listed under Commercial and Residential Multi-family see MLS ID: 4289661 & 4290068
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,900,000
-
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
-
Senior Community YN
NO
-
Sewer
Septic Tank, Septic Needed
-
Water Source
Public
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Location
County
Davidson
Elementary School
Middle School
High School
Listing Courtesy of Nate Brink , Premier Real Estate Team Inc.
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Agent
Zaneta Mowatt
Call Zaneta today to schedule a private showing.
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