For Sale
$750,000
750 Vw Rd Salisbury, NC 28146
15-Unit RV Park, High Cash Flow
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 15-unit mobile home park in Salisbury, NC, generating strong cash flow with an 11.73% cap rate and $87,950 NOI.
- Located in a desirable, high-demand area of Rowan County, offering affordable housing options.
- Diverse unit mix ensures stable occupancy and diversified income streams.
- Currently 100% occupied, providing a turnkey investment opportunity.
- Excellent cash flow with significant potential for increased ROI through rent adjustments and value-add opportunities.
- All utilities (water, sewer, electric) are in place; well-maintained infrastructure.
Property Details for 750 Vw Rd
- Property type
- Mobile home & RV parks, Campgrounds
- Class
- C
- Year Built
- 1986
- Buildings
- 15
- Lot Size (sq. ft)
- 167,270 SF
- Units
- 15
Location Insight
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Latitude
- 35.5780869
- Longitude
- -80.4679243
Nearby Similar for Sale
FAQs
- What type of property is this?
- Mobile home & RV park - 15-Unit RV Park, High Cash Flow
- Where is the mobile home & rv park located?
- The property is located at 750 Vw Rd Salisbury, NC.
- What is the asking price?
- The asking price for this property is $750,000.
- What are key features of this property?
- This property features: 15-unit mobile home park in Salisbury, NC, generating strong cash flow with an 11.73% cap rate and $87,950 NOI.; Located in a desirable, high-demand area of Rowan County, offering affordable housing options.; Diverse unit mix ensures stable occupancy and diversified income streams.
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