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Sawmill Village

Mobile Home Community for Sale in Sawmills, North Carolina

Sawmills, NC
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Mobile Home Park for Sale

Number of MH Lots: 22
Cap Rate: 13.7%
Status: Sold
Property ID: 13929
Posted on: Jun 24, 2010
Updated on: Jan 16, 2017

Property Description

Lenoir is considered one of the gateway cities to the beautiful Blue Ridge Mountains and it’s recreational areas and it’s only 15 minutes from Blowing Rock and 30 minutes from Boone. Ski slopes are equally as accessible. This is the perfect location for nature lovers and outdoor pursuits. Moses Cone Park and the Blue Ridge Parkway with their miles of trails, ample camping, equestrian trails, kayaking, bicycling and other pursuits are only minutes away. The recreational areas of North Carolina have become a haven for retirees and others wishing to escape the rugged winters of the northern US or the incessant heat of regions farther south. Lenoir enjoys more moderate year round temperatures than it’s more elevated counter-parts. In addition, it’s home to a surprising number of national and multi-national companies. Caldwell County is part of the Hickory-Morganton-Lenoir Metropolitan Statistical Area, the fourth largest MSA in North Carolina. This four-county MSA has a population of over 300,000 people. Caldwell County is located slightly north of Interstate 40 and is framed by the Catawba River and the Blue Ridge Parkway. Caldwell County presents a geographic picture of stately mountains and lush valleys dotted with cities, communities and farmlands. US Highway 321 (a four-lane highway) threads its way from the river to the mountains. Caldwell County is 69 miles northwest of Charlotte, 73 miles east of Asheville and 73 miles west of Winston- Salem. Other MSA's within 100 miles include Greenville and Spartanburg, South Carolina and Johnson City, Kingsport and Bristol, Tennessee. For additional information about Lenoir, Caldwell County and other areas of local interest, see the web links below: Moses Cone Park http://www.blowingrock.org/mosescone.html Caldwell County Chamber of Commerce http://www.caldwellcochamber.org/ Caldwell County Economic Development http://www.caldwelledc.org/

Park Information

Number of MH Lots:22

Financial Information

Gross Income$92,064
Operating Expense$23,746
Net Operating Income$68,318
Expense Ratio 25.8%
Debt Info

Park-Owned Homes

Number of Park-owned Homes:20