New Listing
162 Lancaster Road,Forest City, NC 28043
Forest City, NC 28043
Description
Fantastic investment opportunity with strong income potential and room to expand! Situated on approximately 10.12 acres, this mobile home park offers 24 total lots, creating an excellent opportunity for an investor looking to grow a rental portfolio or increase future cash flow. Currently, four lots are tenant-occupied with the mobile homes privately owned by the tenants. Tenants are responsible for their own electric service, helping keep owner operating responsibilities streamlined. With additional lots available, the property offers substantial upside for future occupancy and rental income. This is a rare chance to acquire an established mobile home park with existing tenants, significant additional lot capacity, and multiple avenues for future growth. Mobile homes are privately owned and are not included in the sale. Buyer to verify all information, permitted uses, utility availability, and requirements for additional occupancy.
Details
| MLS # | 1602749 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | Leslie Horne and Associates | Leslie Horne |
Features
| Acreage | 10.16 |
|---|
Taxes
| Property | 1273 |
|---|
Area Information
| State | NC |
|---|---|
| County | Rutherford |
| City | Forest City |
| Zip Code | 28043 |
| Area | Other |
| Listing VS Median (in 28043) | |
Price: $340,000 low | high Med: $0 On site: 1 low | high Med: | |
Market Activity 28043
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Learn More About This Property
| State | NC |
|---|---|
| County | Rutherford |
| City | Forest City |
| Zip Code | 28043 |
| Area | Other |
| Listing VS Median (in 28043) | |
Price: $340,000 low | high Med: $0 On site: 1 low | high Med: | |
 | $340,000Forest City, NC 28043 |
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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