For Sale $499,000
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. 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.
List Price: | $499,000 |
Status: | For Sale |
Type: | Portfolio |
Parking: | Driveway |
MLS Number: | CAR4193657 |
Lot Description: | Cleared, Wooded |
Year Built: | 1984 |
Sewer Type: | Septic Installed, Shared Septic |
Elementary: | Unspecified |
Middle: | Unspecified |
High: | Unspecified |
Date | Event | Price | $/SQFT |
06-03-2025 | Under Contract | $499,000 | N/A |
04-27-2025 | Listed | $499,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
School Name | Distance | Grades | Rating |
Love Memorial Elementary | 0 miles | PK-05 | 5 |
Norris S Childers Elementary | 3 miles | PK-05 | 9 |
Iron Station Elementary | 6 miles | PK-05 | 6 |
Union Elementary | 7 miles | KG-05 | 9 |
Tryon Elementary School | 7 miles | PK-05 | 3 |
Costner Elementary School | 8 miles | PK-05 | 5 |
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 |
Sundale Lane, Lincolnton NC | 0 mi | $499,000 | days | |
1431 Boy Scout Road, Lincolnton NC | 0.3 mi | $129,900 | days | |
1128 Rosehill Drive, Lincolnton NC | 0.3 mi | $79,900 | days | |
1423 Roseland Drive, Lincolnton NC | 0.4 mi | $259,900 | days | |
1411 ROSELAND Drive, Lincolnton NC | 0.5 mi | $249,000 | days | |
1052 Grove Street Extension, Lincolnton NC | 0.5 mi | $209,000 | 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)
Property Taxes |
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H.O.A. / Maintenance |
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Property Insurance |
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Total Monthly Payment | $20,941 |
Occupancy Types |
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 Gilleland Realty Inc
Sundale Lane, Lincolnton NC is a ft2 on a 2.700 acres lot. This is for $499,000. This has bedrooms, baths, and was built in 1984.
Based on information submitted to the MLS GRID as of 2025-04-27 09:50:51 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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