Business Overview:
New Listing! 20 Unit Mobile Home Park in Drexel NC (near Morganton) only $550,000! Almost 3 acres with a paved road through the park. New Gravel parking spaces, City Water & Sewer, Street Lighting, Homes are in great shape. All but 2 spaces are occupied, 17 homes are Park owned. All renters are month to month. Park received more than $64,000 in rents in 2009. Add vending machines for greater profits! $2,300 per month cash flow after mortgage = great investment!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
New Listing! 20 Unit Mobile Home Park in Drexel NC (near Morganton) only $550,000! Almost 3 acres with a paved road through the park. New Gravel parking spaces, City Water & Sewer, Street Lighting, Homes are in great shape. All but 2 spaces are occupied, 17 homes are Park owned. All renters are month to month. Park received more than $64,000 in rents in 2009. Add vending machines for greater profits! $2,300 per month cash flow after mortgage = great investment!
Market Competition and Expansion:
New Listing! 20 Unit Mobile Home Park in Drexel NC (near Morganton) only $550,000! Almost 3 acres with a paved road through the park. New Gravel parking spaces, City Water & Sewer, Street Lighting, Homes are in great shape. All but 2 spaces are occupied, 17 homes are Park owned. All renters are month to month. Park received more than $64,000 in rents in 2009. Add vending machines for greater profits! $2,300 per month cash flow after mortgage = great investment!
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: