Courtesy of: Ola van Zyl, Keller Williams Connected, ola@dreamteamunited.com
Courtesy of: Ola van Zyl, Keller Williams Connected, ola@dreamteamunited.com
$215,000
|
Lot: 10.00 Acres
|
|
Manufactured Home
|
$215,000
1657 N Lafayette Street Incredible value-add investment opportunity. Mobile home park with 17 lots, each with private or shared septic and shared, newly replaced well. Currently 5 trailers are occupied, 1 is move-in ready, 10 require replacement, one lot is empty. This mobile home park spans over 10AC of beautifully located property in a fast growing area. Shelby NC has predicted 4.5% population and income growth annually. This mobile home park is currently generating NOI $24k, with the rents being below the market average and less than 30% of the units being occupied. With additional investment you can turn this property into phenomenal cash flow investment. Priced to sale! Don't miss out on this amazing opportunity!
Courtesy of: Ola van Zyl, Keller Williams Connected, ola@dreamteamunited.com
Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.