00 Sundale Ln, Lincolnton, NC 28092
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00 Sundale Ln, Lincolnton, NC 28092
6 Properties Offered at $499,000 in Lincolnton, NC
Investment Highlights
- 5 Parked own mobile homes
- 2 open land slots for mobile home
- Currently 1 lot rent
Executive Summary
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.
Trailers Details:
Trailer 1: 3 bed 2 bath; Current rent $650; SQFT: 924
Trailer 2: 2 bed 2 bath; Current rent $650; SQFT: 910
Trailer 3: 2 bed 2 bath; Current rent $650; SQFT: 858
Trailer 4: 2 bed 1 bath; Current rent $650; SQFT: 784
Trailer 5: 2 bed 1 bath; Current rent $650; SQFT: 784
Trailer 6: Ground lease rent $300.
Two mobile homes have been recently remodeled.
1231 (left/front): remodeled inside and new vinyl siding & metal roof about 2 years ago.
1237 (left/middle): remodeled inside about 1 year ago.
For property viewings, please contact the listing agent directly. To respect the privacy of current tenants, please do not disturb them. Viewings inside the properties will be arranged upon receipt of an acceptable offer.
Units range from 1984-1999.
Trailers Details:
Trailer 1: 3 bed 2 bath; Current rent $650; SQFT: 924
Trailer 2: 2 bed 2 bath; Current rent $650; SQFT: 910
Trailer 3: 2 bed 2 bath; Current rent $650; SQFT: 858
Trailer 4: 2 bed 1 bath; Current rent $650; SQFT: 784
Trailer 5: 2 bed 1 bath; Current rent $650; SQFT: 784
Trailer 6: Ground lease rent $300.
Two mobile homes have been recently remodeled.
1231 (left/front): remodeled inside and new vinyl siding & metal roof about 2 years ago.
1237 (left/middle): remodeled inside about 1 year ago.
For property viewings, please contact the listing agent directly. To respect the privacy of current tenants, please do not disturb them. Viewings inside the properties will be arranged upon receipt of an acceptable offer.
Property Facts
| Price | $499,000 | Number of Properties | 6 |
| Price / SF | $117.14 / SF | Individually For Sale | 0 |
| Cap Rate | 8.18% | Total Building Size | 4,260 SF |
| Sale Type | Investment | Total Land Area | 2.76 AC |
| Status | Active |
| Price | $499,000 |
| Price / SF | $117.14 / SF |
| Cap Rate | 8.18% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 4,260 SF |
| Total Land Area | 2.76 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1246 Sundale Ln, Lincolnton, NC 28092 | Specialty | 858 SF | 1989 | - |
| 1247 Sundale Ln, Lincolnton, NC 28092 | Specialty | 910 SF | 1985 | - |
| 1238 Sundale ln, Lincolnton, NC 28092 | Specialty | 924 SF | 1985 | - |
| 00 Sundale Lane, Lincolnton, NC 28092 | Land | 2.76 AC | - | - |
| 1237 Sundale Ln, Lincolnton, NC 28092 | Specialty | 784 SF | 1984 | - |
| 1231 Sundale Ln, Lincolnton, NC 28092 | Specialty | 784 SF | 1999 | - |
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00 Sundale Ln, Lincolnton, NC 28092
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