0 Beds

n/a Full bath

1,054 SqFt

Active

Rare Opportunity: Impeccably Managed 20-Unit Mobile Home Park with 8.65% Cap Rate Presenting a remarkable investment opportunity seldom found in the market—a 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.

Property Details
Price $2,000,000
Lot Size Area 3.19
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Portfolio
Year Built 1956
Heating Baseboard, Central, Electric, Heat Pump
Foundation Crawl Space, Permanent, Pillar/Post/Pier, Slab
Laundry Features Other - See Remarks
Parking Description Assigned
Geographic Data
Directions 40 to 321 then Airport Rhodhiss rd will be on the left. Cozy Meadows
County Burke
Latitude 35.759236
Longitude -81.418108
Address Information
Address 1521 Airport Rhodhiss Road, Hickory, NC 28601
Postal Code 28601
City Hickory
State NC
Country United States
Listing Information
Listing Office C. Rice and Associates LLC
Listing Office Phone 828-502-9197
Listing Agent Caleb Rice
Listing Agent Phone 828-502-9197
Sub Agency Compensation Type %
Buyer Agency Compensation 2.5
Attribution Contact criceandassociates@gmail.com
Sub Agency Compensation 0
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Terms Cash, Conventional, Owner Financing
School Information
Elementary School Ray Childers
Middle School East Burke
High School East Burke
MLS Information
Days on market 1
MLS Status Active
Listing Date Apr 3, 2024
Listing Last Modified Apr 4, 2024
Tax ID 18019
MLS # CAR4123498

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This information is believed to be accurate, but without any warranty.