1158 Wagon Wheel Rd - Manufactured Housing/Mobile Housing FOR SALE


Hickory, NC 28602
$1,200,000 USD
704-681-2753
1158 Wagon Wheel Rd, Hickory, NC for Sale
$1,200,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/36
null | 9.85% Cap Rate

1158 Wagon Wheel Rd
Hickory, NC 28602


OVERVIEW

This is a great Mobile Home Park. New Road was paved in 2023. Unit Two is new, Updated Units Duplex, One, Two, Three, Four, Five, Six (Doublewide), Seven and Nine. Unit eight has not been updated yet. Please see the attachment for Gross and Net Income numbers. Please do not disturb the tenants. The units can be viewed after we have a contract and DD paid. Buyers must provide ability to purchase. SEVERAL PEOPLE HAVE ASKED ABOUT ZONING. THIS PARK IS APPROVED BY COUNTY ZONING IN CATAWBA COUNTY, NC. ADDITIONALLY, THE PARK IS 100 PERCENT TENANT OCCUIPED. .

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$1,200 USD /SF

# OF UNITS

11

PRICE/UNIT

$109,091

CAP RATE

9.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.51 AC

LAND SF

196,456 SF

ZONING

R-40

APN/PARCEL ID

370014444804

ASK ABOUT THIS PROPERTY

Craig JulianJulian Appraisal GroupMore Info
704-681-2753

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Craig JulianJulian Appraisal GroupMore Info
704-681-2753

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.