0 Sundale Lane

Lincolnton, NC 28092

$499,000
Price
Beds
4,260 Sq. Ft.
$117 / Sq. Ft.
4,260
Sq. Ft.
$117
per Sq. Ft.

Description

Attention investors! Mobile home park located just minutes from downtown Lincolnton zoned for a 10 space mobile home park. 5 park-owned mobile homes and 1 ground lease. The park currently grosses $43,200 annually with potential to increase. Current Cap Rate of 8.2%. 2 spaces on the right have been used for a septic system, leaving 8 spaces currently usable. County water & sewer is only 600 ft down the road. The 2 lost spaces could potentially be gained back if connected to county utilities. One well...Attention investors! Mobile home park located just minutes from downtown Lincolnton zoned for a 10 space mobile home park. 5 park-owned mobile homes and 1 ground lease. The park currently grosses $43,200 annually with potential to increase. Current Cap Rate of 8.2%. 2 spaces on the right have been used for a septic system, leaving 8 spaces currently usable. County water & sewer is only 600 ft down the road. The 2 lost spaces could potentially be gained back if connected to county utilities. One well feeds the whole property with each mobile home having their own cutoff valve. Four mobile homes have ac and furnace units while the other mobile home has ac and heat pump. Only one septic system is shared between two mobile homes, the rest have their own septic system. Units range from 1984-1999.
  1. Listed by Lee Huss • Gilleland Realty Inc • lee@gillelandrealty.com

Property Details for 0 Sundale Lane

Parking Features
Driveway
LISTING UPDATED: 10/22/2024 10:07 AM

Property Details for 0 Sundale Lane

StatusActive
MLS #4193657
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built1984
Lot Size2.70 AC / 117,612 SF
CountyLincoln County

Building Information for 0 Sundale Lane

Stories-Residences-Year Built1984Building Size-Lot Size2.70 AC / 117,612 SF

Property Information for 0 Sundale Lane

Summary
Location and General Information
  • Longitude: -81.276131
  • Latitude: 35.4423
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $134,403.00
  • Parcel Number: 17888
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 4260.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Cleared, Wooded
  • Lot Size Units: Acres
  • Property Type: Residential Income
  • Property Sub Type Additional: N/A
Property and Assessments
  • Geocode Confidence: Low
  • New Construction YN: No
  • Photos Count: 10
  • Road Responsibility: Private Maintained Road
  • Construction Type: Manufactured
  • Assumable: No
  • Additional Parcels Description: M9131, M20578, M20669, M20779, M34629
  • Senior Community YN: No
  • Restrictions: Other - See Remarks
  • Restrictions Description: Zoning Restrictions
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed, Shared Septic
  • Water Source: Shared Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: N/A
  • Road Surface Type: Gravel
Interior Features
  • Appliances: None
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Foundation Details: None
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: Manufactured Home
  • Number Of Units Total: 5
Rental
Rent Information
  • Pets Allowed: Call

Property History for 0 Sundale Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Sundale Lane

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Love Memorial Elementary
PublicPK to 5

West Lincoln Middle
Public6 to 8

West Lincoln High
Public9 to 12

Asbury School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 Sundale Lane is a multi-family home for sale in Lincolnton, NC 28092. This property was listed for sale on October 22, 2024 by Gilleland Realty Inc, it's currently listed at $499,000. This listing's school district is Lincoln County School District. Nearby schools include Love Memorial Elementary, West Lincoln Middle and West Lincoln High. 0 Sundale Lane is a 0-bed, 0-bath, 4,260 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gilleland Realty Inc

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.