Improved Mixed-Use Land for Sale in Lincolnton, North Carolina
Sundale Ln Lincolnton, NC 28092
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
- Street Address
- Sundale Ln
- County
- Lincoln County
- Elevation
- 846 feet
Property details
- MLS Number
- CMLS 4191966
- Date Posted
Parcels
- 17888
Legal description
LAND & 10 HOOK UPS
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Manufactured Home
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 22, 2024 | New listing | $499,000 | — | CMLS |