$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1,054 SqFt
SOLD DATE : 09/01/2025
Key Details
Sold Price $2,000,000
Property Type Single Family Home
Sub Type Portfolio
Listing Status Sold
Purchase Type For Sale
Square Footage 1,054 sqft
Price per Sqft $1,897
MLS Listing ID 4299480
Sold Date 09/01/25
Abv Grd Liv Area 1,054
Year Built 1956
Lot Size 3.190 Acres
Acres 3.19
Property Sub-Type Portfolio
Property Description
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.
Location
State NC
County Burke
Zoning R-3
Interior
Heating Baseboard, Central, Electric, Heat Pump
Cooling Central Air, Window Unit(s)
Appliance Other
Laundry Other - See Remarks
Exterior
Street Surface Gravel
Garage false
Building
Foundation Crawl Space, Permanent, Pillar/Post/Pier, Slab
Sewer Septic Installed
Water County Water
Structure Type Aluminum,Brick Full,Vinyl
New Construction false
Schools
Elementary Schools Ray Childers
Middle Schools East Burke
High Schools East Burke
Others
Pets Allowed Conditional
Senior Community false
Special Listing Condition None
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Bought with Rebecca Maiwald • Premier South
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "