2689 Timerill Drive
Morganton,
NC
28655
Property Details
| List Price: |
$1,950,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Pending |
SqFt: |
-- |
| Agency: |
Keller Williams Professionals |
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Description/Comments
| Lot Size: |
7 acre(s) |
| Property Type: |
Commercial |
| Year Built: |
1965 |
| Notes: |
This 52 pad MHP offers a density that is difficult to find either on, or off the market in Western NC! The park contains mostly older singlewides, with 14 tenant owned units, 11 park owned units, 17 vacant park owned units, 10 vacant pads. The park features a gently sloping topography that offers pleasant views from the knoll top in the center of the property. MHP pads and units are served by a combination of individual and shared septics. Landlord covers trash/waste service, also city water/sewer billing. The opportunity exists to pass thru additional utility expenses to tenants. Zoned R-3 in Burke County. Convenient location only 7 miles to downtown Morganton and 9 miles to downtown Lenoir with high visibility and easy access off Hwy 64. All considered, this park offers an excellent opportunity for a value-add investor to create significant long-term cash flow with a good park density in a growing region that will see continued housing demand. |
| MlsNumber: |
4092912 |
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| Listing Provided By: |
Keller Williams Professionals, original listing |
| Name: |
Keller Williams Professionals |
| Phone: |
(828) 254-7253 |
| Office Name: |
Keller Williams Professionals |
| Office Phone: |
(828) 254-7253 |
| Agent Name: |
Collin O'Berry |
| Disclaimer: |
Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
