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$ 340,000
New
162 Lancaster Road Forest City, NC 28043
10.16 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID 1602749
Construction Status 50+
Annual Tax Amount $1,273
Lot Size 10.160 Acres
Property Sub-Type Commercial
Property Description
Fantastic investment opportunity with strong income potential and room to expand! Situated on approximately 10.12 acres, this mobile home park offers 24 total lots, creating an excellent opportunity for an investor looking to grow a rental portfolio or increase future cash flow. Currently, four lots are tenant-occupied with the mobile homes privately owned by the tenants. Tenants are responsible for their own electric service, helping keep owner operating responsibilities streamlined. With additional lots available, the property offers substantial upside for future occupancy and rental income. This is a rare chance to acquire an established mobile home park with existing tenants, significant additional lot capacity, and multiple avenues for future growth. Mobile homes are privately owned and are not included in the sale. Buyer to verify all information, permitted uses, utility availability, and requirements for additional occupancy.
Location
State NC
County Rutherford
Area Other
Interior
Heating Electric
Cooling None
Flooring Other
Fireplace No
Exterior
Roof Type Other
Building
Building Age 50+
Sewer Septic Tank
Water Well
Construction Status 50+
Others
Acceptable Financing None
Listing Terms None
Listed by Leslie Horne and Associates
Nearby Locations