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n/a Full bath
1,054SqFt
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 | $2,200,000 | |
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 | 35.759367 | |
Longitude | -81.418019 | |
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 | |
Attribution Contact | criceandassociates@gmail.com | |
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 | 6 | |
MLS Status | Active | |
Listing Date | Mar 18, 2025 | |
Listing Last Modified | Mar 24, 2025 | |
Tax ID | 18019 | |
MLS # | CAR4235104 |
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This information is believed to be accurate, but without any warranty.