00 Sundale Lane
Lincolnton, NC 28092
4260 sqft | #4193657
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.
Interior Details
- CoolingCentral Air
- Cooling FeaturesCentral Air
Property Details
- Lot FeaturesCleared, Wooded
- Lot DescriptionCleared, Wooded
Measurements
- Square Feet4260
Parking
- Parking FeaturesDriveway
- Parking TypeDriveway
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1984
Utilities / Energy Details
- Sewer InformationSeptic Installed, Shared Septic
- Utility SourceShared Well
Community and Neighborhood Details
- Elementary SchoolUnspecified
- Middle SchoolUnspecified
- High SchoolUnspecified
Financial Details
- Original List Price$499,000
- Days on Market (Cumulative)2
Restrictions
- PetsCall
Other
- MLS #4193657
Location
Legal
Based on information submitted to the MLS GRID as of 2024-10-22 14:07:06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Lee Huss (#CARR25213)
Listing Office: Gilleland Realty Inc (#CAR7378)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
