$499,000
For Sale

00 Sundale Lane

Lincolnton, NC 28092
Browse 10 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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. County water & sewer is only 600 ft down the road. The 2 lost spaces could potentially be gained back if connected to county utilities. 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.

  • Interior Details
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
  • Property Details
      • Lot FeaturesCleared, Wooded
      • Lot DescriptionCleared, Wooded
    • Measurements
      • Square Feet4260
    • Parking
      • Parking FeaturesDriveway
      • Parking TypeDriveway
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1984
  • Utilities / Energy Details
      • Sewer InformationSeptic Installed, Shared Septic
      • Utility SourceShared Well
  • Community and Neighborhood Details
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
  • Financial Details
      • Original List Price$499,000
      • Days on Market (Cumulative)32
  • Restrictions
      • PetsCall
  • Other
      • MLS #4193657

Location

Matt GallinaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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