00 Sundale LN, Lincolnton, NC 28092 – 4193657 - Dana Sellers

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Dana Sellers

sellers.dana@gmail.com +1(704) 517-7684

$499,000

Est. payment - /mo

4,260 SqFt

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UPDATED:

10/22/2024 02:07 PM

Key Details

Property Type Single Family Home

Sub Type Portfolio

Listing Status Active

Purchase Type For Sale

Square Footage 4,260 sqft

Price per Sqft $117

MLS Listing ID 4193657

Abv Grd Liv Area 4,260

Year Built 1984

Lot Size 2.700 Acres

Acres 2.7

Property Description

ATTENTION INVESTORS! Mobile home park located just minutes from downtown Lincolnton zoned for a 10 space mobile home park. 5 park-owned mobile homes and 1 ground lease. The park currently grosses $43,200 annually with potential to increase. Current Cap Rate of 8.2%. 2 spaces on the right have been used for a septic system, leaving 8 spaces currently usable. County water & sewer is only 600 ft down the road. The 2 lost spaces could potentially be gained back if connected to county utilities. One well feeds the whole property with each mobile home having their own cutoff valve. Four mobile homes have ac and furnace units while the other mobile home has ac and heat pump. Only one septic system is shared between two mobile homes, the rest have their own septic system.

Units range from 1984-1999.

Location

State NC

Zoning R-S

Interior

Heating Central

Cooling Central Air

Appliance None

Exterior

Garage false

Building

Lot Description Cleared, Wooded

Dwelling Type Manufactured

Foundation None

Sewer Septic Installed, Shared Septic

Water Shared Well

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Lee Huss • Gilleland Realty Inc • lee@gillelandrealty.com

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Dana Sellers

+1(704) 517-7684

Realtor®/Broker | License ID: 230087

Realtor®/Broker License ID: 230087

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