Log In/Sign Up
Your email has been sent.
105 Deerview Dr - B & B Mobile Home Park 18 Unit Apartment Building Offered at $950,000 at a 6.04% Cap Rate Rutherfordton, NC 28139
Investment Highlights
- Expansion upside: add 8 lots via utility extension for ~50% more income-producing sites
- Rent-to-Own conversion opportunity to reduce maintenance and recapture home value
- Not located in a flood zone — favorable insurance profile, no lender complications
- All POHs renting at $600–$700/mo, well below area market rents of $810–$1,001
- City water in place — no well infrastructure to maintain, reducing capital exposure
- Turnkey operations with existing maintenance staff willing to stay on for new owner
Executive Summary
Broker Of Record
Gerard Hamas
Matthews of North Carolina, LLC
362768, C42113 (NC)
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203 (866) 889-0550
Gerard Hamas
Matthews of North Carolina, LLC
362768, C42113 (NC)
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203 (866) 889-0550
Property Facts
| Price | $950,000 | Property Type | Multifamily |
| Price Per Unit | $52,778 | Lot Size | 12.09 AC |
| Sale Type | Investment | Building Size | 526,640 SF |
| Cap Rate | 6.04% | No. Stories | 1 |
| No. Units | 18 | Year Built | 1995 |
| Price | $950,000 |
| Price Per Unit | $52,778 |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| No. Units | 18 |
| Property Type | Multifamily |
| Lot Size | 12.09 AC |
| Building Size | 526,640 SF |
| No. Stories | 1 |
| Year Built | 1995 |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1623291 | Improvements Assessment | $65,700 |
| Land Assessment | $32,700 | Total Assessment | $98,400 |
Property Taxes
Parcel Number
1623291
Land Assessment
$32,700
Improvements Assessment
$65,700
Total Assessment
$98,400
(949) 287-5862
x816
Contacts
-
Arthur Varela -
Chad Kurz -
Kevin Puder -
Matthews Real Estate Investment Services
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
