Lincolnton, NC 28092,00 Sundale LN
See all 10 photos
Lincolnton, NC 28092,00 Sundale LN
Lincolnton, NC 28092,00 Sundale LN
Lincolnton, NC 28092,00 Sundale LN
Lincolnton, NC 28092,00 Sundale LN
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,000
Est. payment /mo
Save
Active

00 Sundale LN Lincolnton, NC 28092

2.7 Acres Lot


UPDATED:

10/22/2024 12:59 PM

Key Details

Property Type Commercial

Sub Type Manufactured Home Park

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4191966

Year Built 1984

Lot Size 2.700 Acres

Acres 2.7

Property 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. County water & sewer is only 600 ft down the road. The 2 lost spaces could potentially be gained back if connected to county utilities. 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.

Location

State NC

County Lincoln

Zoning R-S

Interior

Inclusions Building, Land

Building

Lot Description Cleared, Wooded

Dwelling Type Manufactured

New Construction false

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Listed by Lee Huss • Gilleland Realty Inc • lee@gillelandrealty.com

Victor Wallace

President | License ID: 41896

+1(704) 202-7508

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

00 Sundale LN