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Mobile Home Park Details

Purchase Method: Cash, New Loan
Cap Rate: 10.4%
Listing ID: 461546
Posted On: Aug 6, 2014
Updated On: Mar 29, 2016

Description

The Mobile Home Park Community is a 33 space lot rental only community. The property is well occupied, with only 1 vacant space. The water and electric are paid direct by the tenants.

As of 2014, Gastonia's population is 71,865 people. Since 2000, it has had a population growth of 4.53 percent.The unemployment rate in Gastonia is 5.90 percent (U.S. avg. is 6.30%). Compared to the rest of the country, Gastonia's cost of living is 14.60% Lower than the U.S. average. The average 3 bedroom rental is $942.

Location

The largest city of Gaston County is Gastonia, which is also considered a part of the Charlotte metropolitan area and occupies 13 percent of the total area of the county. Gastonia is the largest of Gaston County’s 15 municipalities, 13th largest city in the state, and the second largest in the booming Charlotte-Gastonia-Rock Hill Metropolitan Area. Gastonia’s enviable quality of life is the result of a number of desirable qualities: friendly neighborhoods, responsive city and county government, an award winning educational system, a vibrant retail environment, state-of-the-art health care facilities, and “picture postcard” natural surroundings.

Gaston County is located just west of Charlotte, NC in the piedmont section of North Carolina and is a terrific place to live, work and visit. Gaston County offers visitors a variety of attractions to enhance their trip. Attractions include museums, botanical gardens, extreme sports, hiking, dining and entertainment parks, art and history and more.

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