Mixed-Use Land for Sale in Shelby, North Carolina

1657 N Lafayette St Shelby, NC 28150

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$215,000
10 acres
pending saleUnder contract

Incredible value-add investment opportunity. Mobile home park with 17 lots, each with private or shared septic and shared, newly replaced well. Currently 5 trailers are occupied, 1 is move-in ready, 10 require replacement, one lot is empty.

This mobile home park spans over 10AC of beautifully located property in a fast growing area. Shelby NC has predicted 4.5% population and income growth annually.

This mobile home park is currently generating NOI $24k, with the rents being below the market average and less than 30% of the units being occupied. With additional investment you can turn this property into phenomenal cash flow investment. Priced to sale! Don't miss out on this amazing opportunity!

Sq feet
1971
Built

Location

Street Address
1657 N Lafayette St
Elevation
833 feet
Coordinates
35.3344, -81.5398

Property details

MLS Number
CMLS 4200490
Date Posted

Parcels

  • 42287

This 10-acre property is located at 1657 N Lafayette St in Shelby, NC 28150 with latitude 35.3344 and longitude -81.5398. The property is currently pending sale for $215,000. It has a structure built in 1971. Listing data is sourced from Canopy MLS # 4200490.

Verify sale details at the property source or contact Keller Williams Connected at (803) 517-0017.

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Copyright (C) 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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