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347 Skylark Ln
Linwood, NC 27299
Summerwood Estates · Multifamily Property For Sale
·
38,850 SF
Property Facts
| No. Units | 37 | Building Size | 38,850 SF |
| Property Type | Multifamily | Average Occupancy | 70% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1991/2017 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Lot Size | 30.00 AC | ||
| Zoning | RA2 | ||
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 30.00 AC |
| Building Size | 38,850 SF |
| Average Occupancy | 70% |
| No. Stories | 1 |
| Year Built/Renovated | 1991/2017 |
| Parking Ratio | 10/1,000 SF |
| Zoning | RA2 |
About 347 SKYLARK LN , LINWOOD, NC 27299
37 space established mobile home park in Linwood, N.C. with individual 1000 gal. septic tanks, individual electric and water meters, parking for 2 vehicles, paved roads, security lights, 30 acres, 5 minutes from I-85, 10 minutes N. of Salisbury, N.C. and 10 minutes South of Lexington, N.C. 26 families living there at this time. see SOUTHERNGOOD.COM for a tour of the community. 7 park owned mobiles, all 14 x 80, (6 of which are 3 bedroom, 2 bath), 19 lots rent for $250 per month . beautiful large treed lots. look at southerngood.com for a tour and details. May e-mail goodnesswins@yahoo.com for more info. 11 lots ready for more mobile homes to double your income. Pro forma fair market rents when 11 more mobiles added to ready lots (with all meters & septics), $295/lot rents and $575+/month for mobile rents, yielding $220,000 or 22% cap rate at a purchase price of $950,000. This projection assumes investment of $12,000 per rep mobile to be added to the large treed lots).
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 37 | $557.50 | - |
Property Taxes
| Parcel Number | 04-016-0-000-0010-0-0-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $688,070 |
Property Taxes
