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Investor Alert. Well-established income producing MHP 3 mins to I-26, 8 mins to DT H'ville. Add this to your portfolio and purchase at a 9% cap rate w annual income over 240K (based on 2022 #s). Total 62 pads: 48 homes, most with written month-to-month leases in place. 11 lot rents with written leases in place. Most residents are long-term tenants. See brochure for approx 2022 financials (to be verified by buyer). On site office/warehouse. Most equipment/supplies convey (some exceptions). Security cameras, outdoor lighting, new apt-style mailboxes. Public water/sewer. Majority of property located in ETJ, only county taxes. Excellent income with upside through renovation, utility metering and moving rents to market. Seller is licensed NC broker.
Listed by Anna Conner of Relocate828 LLC

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