Improved Mixed-Use Land for Sale in Lincolnton, North Carolina

Sundale Ln Lincolnton, NC 28092

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$499,000
2.7 acres
Active sale agoEst $2,852/mo

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. 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.

4,260
Sq feet
1984
Built

Location

Street Address
Sundale Ln
Elevation
846 feet
Coordinates
35.4422, -81.2759

Property details

MLS Number
CMLS 4191966
Date Posted

Parcels

  • 17888

Legal description

This 2.7-acre property is located at Sundale Ln in Lincolnton, NC 28092 with latitude 35.4422 and longitude -81.2759. The property is currently available for sale for $499,000. It has a 4,260 sq ft structure built in 1984. Listing data is sourced from Canopy MLS # 4191966.

Verify sale details at the property source or contact Gilleland Realty at (704) 735-0099.

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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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