Historical Multifamily Sale Listing - Oaklawn Mobile Home Park

Multifamily For Sale

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Oaklawn Mobile Home Park

180 South Rd., High Point, NC 27262

N/A

46 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
46
Property Type:
Multifamily
Property Sub-type:
Mobile Home/RV Community
Property Use Type:
Investment
Cap Rate:
12.50%
Lot Size:
6 AC
Listing ID
16280716
Last Updated
over 1 year ago

Description

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!

Map of 180 South Rd., High Point, NC 27262 (Guilford County)

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