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101 Old Tavern Ln
Maiden, NC 28650
Old Tavern Estates MHP · Land For Sale · 24.10 AC

Investment Highlights

  • 30 Current Mobile Homes Occupied
  • Rent Roll Available
  • Additional Expansion Available

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 24.10 AC
Zoning R-20

Description

Why are mobile home parks one of the best investments left in America? GLAD YOU ASKED, Let me tell you! 1.Lower Cost Per Unit (When investing in large multifamily properties or single family homes ­the cost per unit is high. But mobile home parks allow a person to jump in and acquire more units for less money) 2.Lower cost for repairs and maintenance ( While the mobile home park owner is still going to need to account for the expenses of the upkeep for the park, it will most likely be significantly less than what they would pay for the upkeep of the homes) 3.Spread Out Risk (with more tenants, the risk is spread out more) 4.HIGH Demand (the demand for mobile homes inside well-­managed parks is ever increasing)5. Less Tenant Turnover 6.Less Competition (Mobile home park investing is the best kept secret in the real estate investment industry.) Written by: Brandon Turner, Former Contributor of Investing Magazine. 30 Homes Currently occupied, 84 spots Total. Rent Roll Available.

Property Taxes

Property Taxes

Parcel Number
3646051759620000
Land Assessment
$277,700
Improvements Assessment
$1,421,700
Total Assessment
$1,699,400
  • Listing ID: 17628845

  • Date on Market: 11/4/2019

  • Last Updated:

  • Address: 101 Old Tavern Ln, Maiden, NC 28650

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