180 South Rd.
High Point, NC 27262 ·
46 Spaces · Multifamily For Sale
Oaklawn Mobile Home Park
|Price||N/A||Property Use Type||Investment|
|No. Spaces||46||Cap Rate||12.50%|
|Property Type||Multifamily||Lot Size||6 AC|
|Property Sub-type||Mobile Home/RV Community|
|Listing ID: 16280716||Date Created: 06/16/2009||Last Updated: 01/04/2010|
This property contains 46 spaces which includes an office and a small apartment. The park is on city water and sewer, individually metered, paved streets and street lights. Stable tenant base, many long term. Park has 5 empty spaces ready to fill, 19 lot rentals, 3 lease to own and 17 park owned homes of which 11 are rented. Monthly income: $8,100.00. Yearly operating expenses: $9,945.00 Lots of room to increase income.
Property sits alongside business I-85 in the Triad between Thomasville and High Point. Minutes from Greensboro, Lexington or Winston Salem. Location! Location! Location!
304 Ardale Dr
High Point, NC 27260
For Sale · $525,000
12,342 SF Building
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