5730 Fallston Road, Lawndale, NC 28090

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Listing courtesy of Rivera. juan@rivera.realestate

List Price
$650,000
MLS#
4436234
Status
ACTIVE
Days on Market
3
Property Type
Residential Income
Year Built
2000
Lot Size
261,360
Lot Size Area
6
Living Area
4,500
Sq Ft Total
4500
County
Cleveland
Special Conditions
None
Dom
Yes

Property Description

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!

Additional Information

Equipment
None
Foundation
Other - See Remarks
Laundry Location
In Unit
Heating
Other - See Remarks
Water
County Water
Sewer
Septic Installed
Exterior Construction
Aluminum, Metal, Vinyl
Parking
Other - See Remarks
Driveway
Dirt, Gravel
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
4500

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