For Sale

Listed by Juan Rivera

Source: Carolina Multiple Listing Services, Inc. #4436234

5730 Fallston Road, Lawndale, NC, 28090

$650,000

4500 sq. ft.
6 ac.

Other

•

1 day on the market

What's around 5730 Fallston Road

About this property

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!

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