For Sale $2,200,000
Rare Opportunity: Impeccably Managed 20-Unit Mobile Home Park with 8.65% Cap Rate Presenting a remarkable investment opportunity seldom found in the market—a meticulously maintained 20-unit mobile home park boasting an impressive 8.65% cap rate. Situated on 3.19 acres of prime real estate, this listing comprises 19 mobile homes along with an additional brick house, all meticulously cared for and updated to the highest standards. Every aspect of this property reflects superior management, ensuring minimal maintenance requirements and an exemplary tenant history. Don't miss out on this chance to secure a lucrative investment with long-term potential. Contact the dedicated listing agent today to seize this exceptional opportunity. Owner Financing may be an option.
| List Price: | $2,200,000 |
| Status: | For Sale |
| Type: | Portfolio |
| Parking: | Assigned |
| MLS Number: | CAR4235104 |
| Year Built: | 1956 |
| Sewer Type: | Septic Installed |
| Elementary: | Ray Childers |
| Middle: | East Burke |
| High: | East Burke |
| Date | Event | Price | $/SQFT |
| 05-04-2025 | Listed | $2,200,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Granite Falls Elementary | 3 miles | KG-05 | 8 |
| Southwest Elementary | 4 miles | PK-05 | 1 |
| Longview Elementary | 4 miles | PK-05 | 3 |
| Oakwood Elementary | 4 miles | PK-05 | 9 |
| Viewmont Elementary | 4 miles | PK-05 | 2 |
| W M Jenkins Elementary | 6 miles | PK-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1521 Airport Rhodhiss Road, Hickory NC | 0 mi | $2,200,000 | days | |
| 2010 Old Dragstrip Street, Hickory NC | 0.1 mi | $285,000 | days | |
| 1916 Country Way, Hickory NC | 0.3 mi | $299,900 | days | |
| 118 River Ridge Lane, Hickory NC | 0.7 mi | $269,000 | days | |
| 122 River Ridge Lane, Hickory NC | 0.7 mi | $250,000 | days | |
| 137 River Ridge Lane, Hickory NC | 0.8 mi | $675,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By C. Rice and Associates LLC
1521 Airport Rhodhiss Road, Hickory NC is a ft2 on a 3.190 acres Appraisal lot. This is for $2,200,000. This has bedrooms, baths, and was built in 1956.
Based on information submitted to the MLS GRID as of 2025-05-04 10:35:45 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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