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109 Sheets Park Ln

Surry County NC 27030

2.6 ac.
Other
Currently for sale - view listing

Overview

Sheets Park MHP — 18 pads / 13 TOH / 5 POH. Septic + well. Stable in-place cashflow. Price: $750,000 Going-in: ~8.2% cap on seller-reported 2025 NOI (~$61,500). Upside: In-place rents appear under market — mark-to-market drives meaningful yield expansion Convert the 3 POH to lease-to-own to shed operational drag 15 TOH base = sticky cashflow, low management touch. Rural park, limited new MHP supply in the submarket. Stabilized-plus-upside story for an operator who can push rents and execute LTO conversions. T-12/24 and rent roll on request.

Features

2.6 ac. lot size
Other

Property history for 109 Sheets Park Ln

2022
Sold
$460,000
19 Dec 2022 by Maggie Cockerham, of Rogers Realty & Auction Co., Inc.
2018
Sold
$210,000
12 Apr 2018 by Barker Taylor, of Rogers Realty & Auction Co., Inc.

Happy sellers in Surry County

~%

We have insufficient information to provide an overview of customer satisfaction for Surry County. Viewing the agent profiles, reviews and sales for Surry County can provide insights for this location.

Local market activity for other properties in Surry County

In the last 12 months, 27 other properties similar to 109 Sheets Park Ln, have been sold.

This represents a 34% increase in other properties sales when compared to the previous 12 months.

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