Marcus & Millichap is pleased to present Green Mountain MHC. Located in the beautiful Appalachian Mountains, Green Mountain MHC provides an investor the opportunity to continue to increase rental rates by 40% as well as expand the number of pads. Growth within the market is being supported by its’ proximity to Hickory, a diverse and growing economy just south of Lenoir.
Comprised of 26 pads that are all lot rent spaces, the asset also includes one stick-built home and an on-site apartment. There is a tremendous opportunity to develop the rest of this approved asset and take advantage of a growing market. The park is serviced by sub-metered city water and septic tanks. Development of this asset will allow for Northwest views of the mountain premier lots within the Hickory-Lenoir Markets.