Skip to main content

Mobile Home Park

Running Root Estates

100 Tadpole Ln, Maysville, NC 28555

Listing Price: $2,500,000

Cap Rate
7.00%
Number of Spaces
20
Lot Size
22.00 acres
Occupancy
95.0%
Price/Space
$125,000
Spaces/Acre
0.91
Year Built
2000

Investment Overview

22 acre with 20 Park Owned Doublewides, The Mobile Home Park Priced at $2,500,000 which is a 6,7% Cap Rate. Usually 100% Occupied. One Vacancy right now which will be rented very quickly, Very well maintained park with no deferred maintenance.

Investment Highlights

  • 1 All Doublewides
  • 2 ½ to 2 acre lots
  • 3 $1,047 average rents
  • 4 City Utilities and water direct billed to tenants

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Mobile Home Park

Running Root Estates

Listing Price: $2,500,000

Cap Rate
7.00%
Number of Spaces
20
Lot Size
22.00 acres
Occupancy
95.0%
Price/Space
$125,000
Spaces/Acre
0.91
Year Built
2000

Investment Highlights

  • 1 All Doublewides
  • 2 ½ to 2 acre lots
  • 3 $1,047 average rents
  • 4 City Utilities and water direct billed to tenants

Investment Overview

22 acre with 20 Park Owned Doublewides, The Mobile Home Park Priced at $2,500,000 which is a 6,7% Cap Rate. Usually 100% Occupied. One Vacancy right now which will be rented very quickly, Very well maintained park with no deferred maintenance.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

MM Texture Background
MM Textured Background Lower