Well established
Advance, NC
Asking price
$1,100,000
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Cap rate
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Price / site
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About this property
Description Location, location, location! I have a well-established mobile home park with 17 units, as well as a single-family hall situated on 5.54 acres. The average lot rent is currently $355 per month. However, rents have been increasing and have more upside to go in rents. Rents in the Traid Area a lot rents are going anywhere between $400-$500 a Month. The house is currently not being rented. The income is strictly from the MHP itself. Please note that there are no park-owned homes here; all rents are lot-based. The park is conveniently located a couple of miles from the advanced hospital, as well as other shopping and restaurants. Please refrain from disturbing the tenants in the park or the single-family house. Not willing to do owner financing.
All details
| Asking price | $1,100,000 |
|---|---|
| First seen | Sep 6, 2026 |
| Last verified | Sep 6, 2026 |
