0 Sundale Lane
$499,000
—
4,260
4,260
$117
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.
- 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
Status | Active |
---|---|
MLS # | 4193657 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Portfolio |
Year Built | 1984 |
Lot Size | 2.70 AC / 117,612 SF |
County | Lincoln 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
Property History for 0 Sundale Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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