Call 404-442-2807

Say that you are are calling about a mobile home park on MobileHomeParkStore.com

Address is 9042 County Line Road Rocky Mount, NC 27803

The Mhp Broker


or, Send a Message:

Message:

County Line Manufactured Home Community

Mobile Home Community for Sale in Rocky Mount, North Carolina

9042 County Line Road
Rocky Mount, NC 27803

View on Map
 

Mobile Home Park for Sale

Number of MH Lots: 37
Size: 7.5 acre(s)
Cap Rate: 9.5%
Status: Sold
Property ID: 858038
Posted on: Sep 12, 2017
Updated on: Feb 12, 2018

Property Description

County Line MHC is offered as a value-add with plenty of upside in a strong market in Rocky Mount MSA. This excellent location is near all amenities along a main artery into Sharpsburg, NC. The park has 37 lots, with 14 lot-rent only tenants each paying $190 a month. There are 14 vacant lots. Current occupancy is approximately 57%. Current market data suggests that a new effective owner should be able to reach 85% occupancy within two years.

Park Information

Number of MH Lots:37
Size:7.5 acre(s)