This is an 18 lot mobile home park located in Gaston County, NC.
All mobile home units are owned by the mobile home park.
All units are on septic
Mobile home park has two wells to supply water
Monthly Revenue: $8,475
Yearly Revenue: $101,700
CAP Rate: 18%
MONTHLY EXPENSE BREAK DOWN:
$200.00 Trash removal
$ 180.00 Insurance coverage
$ 150.00 Water (Well)
$96. 75 County Taxes
$100.00 Lawn maintenance
MONTHLY EXPENSES: $1,143.42 ANNUAL EXPENSES: $13,721.04
Disclaimer: Please perform your own due diligence. Property for sale is being sold as-is and buyer is responsible for all title and closing cost. Assigned property may be purchased with cash or hard money. All properties offered are either owned by Level Up REI NC, LLC, or under contract and selling equitable interest and/or offered in conjunction with a business associate. All offers require a non-refundable deposit and 14 day close of escrow. No waiting for a response. We respond immediately to an offer. Equal Opportunity Housing. This deal will be nonassignable, and "daisy-chains" and/or marketing is prohibited. *Non-refundable deposit refundable if property has title issues and can not be transferred at closing or if the transaction does not close do to assignor/seller barriers.