Photo of Mobile Home Park

Mobile Home Park Details

Purchase Method: Cash, New Loan
Cap Rate: 19.6%
Listing ID: 432407
Posted On: Apr 15, 2014
Updated On: Aug 12, 2014

Description

6 Unit MHP, 1 pad rent, 6 Park Owned Homes, Fully Leased, homes just rehabbed / added to the park. City Water.

Location

Just outside the city limits - very low property taxes. Morganton is in the temperate foothills of the Blue Ridge Mountains, about 20 minutes west of Hickory, about an hour from Charlotte Douglas Int'l Airport & named by Readers Digest as one of 10 best places to raise a family in the U.S.

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