About 162 Lancaster Road
Fantastic investment opportunity with strong income potential and room to expand! Situated on approximately 10.12 acres, this mobile home park offers 24 total lots, creating an excellent opportunity for an investor looking to grow a rental portfolio or increase future cash flow. Currently, four lots are tenant-occupied with the mobile homes privately owned by the tenants. Tenants are responsible for their own electric service, helping keep owner operating responsibilities streamlined. With additional lots available, the property offers substantial upside for future occupancy and rental income. This is a rare chance to acquire an established mobile home park with existing tenants, significant additional lot capacity, and multiple avenues for future growth. Mobile homes are privately owned and are not included in the sale. Buyer to verify all information, permitted uses, utility availability, and requirements for additional occupancy.
Features of 162 Lancaster Road
| MLS® # | 1602749 |
|---|---|
| Price | $340,000 |
| Acres | 10.16 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 162 Lancaster Road |
|---|---|
| City | Forest City |
| County | Rutherford |
| State | NC |
| Zip Code | 28043 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Other |
|---|---|
| Heating | Electric |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior | Other |
|---|---|
| Lot Description | Bottom,Level |
| Roof | Other |
| Construction | 50+ |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Leslie Horne |
|---|---|
| Office | Leslie Horne and Associates |