Lenoir Mobile Home Park

Multi-Family for Sale
Catylist Listing ID: 30443706
Property Subtypes: Mobile Home Park
Number of Units: 73 Units
Building Size (RSF): 1,000 SF
Gross Building Area: See Agent
Sale Price: $369,000
Unit Price: $5,054.79 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Last Updated: 12/14/2019

Overview / Comments

22.24-acre mobile home park with 73 lots located on NC Highway 11. The parcel contains both mobile homes and RVs, and the majority of these are tenant owned. This is an excellent value-add opportunity for the right operator. The parcel is zoned highway business use and contains approximately 8-acres of excess land behind the mobile home park some of which would be suitable for possible park expansion. This park is in a flood zone and did flood during Matthew although most of the homes have been repaired. See flyer for more details.

Attachments & Media

Additional Details

Nearest MSA: Kinston
County: Lenoir
Tax ID/APN: 451403134865
Zoning: B-2
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,118 13,277 34,479
Median Age: 38.28 41.06 42.19
Households: 433 5,702 14,465

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