00 Sundale Lane
00 Sundale Lane
Lincolnton, NC 28092
$499,000
- Bedrooms:
- Bathrooms:
- Lot Size: 2.7 Acres
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. 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.
Property Summary
| Property Type: | Residential Income | Property Subtype : | Portfolio |
| Year Built : | 1984 | Construction Type : | Manufactured |
| Lot Size : | 2.7 Acres | Living Area : | 4,260 sqft |
Property Features
- Cleared
- Wooded
Appliances
- None
More Information
- Construction : N/A
- Parking : Driveway
- Heating : Central
- Cooling : Central Air
- Water Source : Shared Well
- Road : Private Maintained Road
- Listing Terms : Cash, Conventional
Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.