Mobile Home Park

Arlington Circle Mobile Home Park

204 Arlington Cir, Rocky Mount, NC 27801

Listing Price: $3,000,000

Cap Rate
8.60%
Number of Spaces
64
Lot Size
11.45 acres
Occupancy
83.0%
Price/Space
$46,875
Spaces/Acre
5.59
Year Built
2000

Investment Overview

The McDaniel Team of Marcus & Millichap is pleased to present this exclusive listing of the Arlington Circle Mobile Home Park in Rocky Mount, North Carolina. This 64-pad community is located just off Highway 301 with direct access to Highway 64 and Downtown Rocky Mount. This turnkey asset is individually metered, and the tenants are responsible for their own utilities. This gated communitycomesequippedwithasecuritygate andcamera system. This well-maintained park offers additional upside through filling the remaining 11 vacant pads to increase cash flow and fully optimize this property. With the resurgence of Rocky Mount and the close proximity to Raleigh-Durham, the Arlington Circle Mobile Home offers new ownership, a turnkey asset with great cashflow plus additional upside potential. Rocky Mount is strategically located between Washington, D.C. and Raleigh-Durham on Interstate 95. With direct access to Interstate 40 & 85, makes Rocky Mount an ideal location for manufacturing and distribution. Which why the textile industry was the main economic generator in the past, but now Rocky Mount has attracted major employers like Capital Broadcasting Company, Pfizer Pharmaceuticals, and QVC Inc to fill the void left by the textile industry. Rocky Mount is also home to the Nash County Railroad and the Railroad behemoth CSX, which announced in 2016 that Rocky Mount would be their East Coast hub for shipping and receiving cargo containers. With the low cost of living, tax incentives and close proximity to the Research Triangle, Rocky Mount is poised to attract more Fortune 500 companies in the logistics, manufacturing and distribution industries.

Investment Highlights

  • Close Proximity to the Research Triangle
  • Well-Maintained Gated Mobile Home Community
  • Turnkey Asset, Individually Metered

Exclusively Listed By

Mobile Home Park

Arlington Circle Mobile Home Park

Listing Price: $3,000,000

Cap Rate
8.60%
Number of Spaces
64
Lot Size
11.45 acres
Occupancy
83.0%
Price/Space
$46,875
Spaces/Acre
5.59
Year Built
2000

Investment Highlights

  • Close Proximity to the Research Triangle
  • Well-Maintained Gated Mobile Home Community
  • Turnkey Asset, Individually Metered

Investment Overview

The McDaniel Team of Marcus & Millichap is pleased to present this exclusive listing of the Arlington Circle Mobile Home Park in Rocky Mount, North Carolina. This 64-pad community is located just off Highway 301 with direct access to Highway 64 and Downtown Rocky Mount. This turnkey asset is individually metered, and the tenants are responsible for their own utilities. This gated communitycomesequippedwithasecuritygate andcamera system. This well-maintained park offers additional upside through filling the remaining 11 vacant pads to increase cash flow and fully optimize this property. With the resurgence of Rocky Mount and the close proximity to Raleigh-Durham, the Arlington Circle Mobile Home offers new ownership, a turnkey asset with great cashflow plus additional upside potential. Rocky Mount is strategically located between Washington, D.C. and Raleigh-Durham on Interstate 95. With direct access to Interstate 40 & 85, makes Rocky Mount an ideal location for manufacturing and distribution. Which why the textile industry was the main economic generator in the past, but now Rocky Mount has attracted major employers like Capital Broadcasting Company, Pfizer Pharmaceuticals, and QVC Inc to fill the void left by the textile industry. Rocky Mount is also home to the Nash County Railroad and the Railroad behemoth CSX, which announced in 2016 that Rocky Mount would be their East Coast hub for shipping and receiving cargo containers. With the low cost of living, tax incentives and close proximity to the Research Triangle, Rocky Mount is poised to attract more Fortune 500 companies in the logistics, manufacturing and distribution industries.

Exclusively Listed By

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