5730 Fallston Road

Lawndale NC 28090

4500 sq. ft.

6 ac.

Other

Currently for sale - view listing

Overview

Incredible opportunity here. 6 acres with 11 mobile homes on it. Current income is 78k annually. Currently five are rented with six other mobile homes needing work to be completed. One additional mobile home only pays a lot rent as they own the home. Tenants are month to month. Do not disturb tenants. You are welcome to drive through the park but do not stop at any homes or ask tenants any questions. There's only one entrance in and out of the park. Owner pays only taxes and trash. Tenanrs pay their own utilities. To request rent roll, please reach out to listing agent. This is an incredible opportunity to turn this into a cash flowing machine. Mobile homes could be removed and tiny homes placed. OR finish all the remaining mobile homes and cash flow on 11 mobile homes at $1200 a month. Let your imagination run wild here,THIS OPPORTUNITY IS IMMENSE!

Features

4500 sq. ft. floor area

6 ac. lot size

Other

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