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3525 E Elizabethtown Rd
Lumberton, NC 28358
Rosewood MHP · Multifamily Property For Sale · 189,000 SF

PROPERTY FACTS

No. Units 125
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 31.58 AC
Building Size 189,000 SF
No. Stories 1
Year Built 1960
Zoning R20

ABOUT 3525 E ELIZABETHTOWN RD , LUMBERTON, NC 28358

Capstone Manufactured Housing is pleased to present Rosewood Mobile Home Park, a 125-site park in Lumberton, North Carolina. Located merely 10 minutes outside of downtown, Rosewood boasts favorable proximity to numerous demand drivers and many national retailers. The park currently charges a $52/month CAM fee to cover common area maintenance, water, sewer, and trash. With an expense recapture of over 100%, this effective program provides a profit center to be used as capital reserve or additional NOI. Rosewood MHP presents the unique opportunity to gain scaled-entry with upside into a market with proven demand for affordable housing.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 125 - 1,512

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1012-01-010
Land Assessment
$868,500
Improvements Assessment
$352,400
Total Assessment
$1,220,900
  • Listing ID: 10928732

  • Date on Market: 12/11/2017

  • Last Updated:

  • Address: 3525 E Elizabethtown Rd, Lumberton, NC 28358

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