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Listed price in listed location currency (USD).
$6,999,500

000

MLS® 4344560

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1000 sqft
Garage 
Taxes 
Days Active 72
Lot Size 
Approx. Age 9999
Avg. Price Per Sqft $6,999
MLS® Number 4344560

Property Address: 100, 102-109, 111 Ross Street, Morganton, NC, 28655

Average square foot calculated using Size range provided by listing agent.

Description

Vintage 52 Unit Mobile Home Park and 3 Developable acres with great cash flow in Morganton. Sitting within an opportunity zone just off I-40 Exit 103 near Chik-fil-a, Chicken Salad Chick, Lowes Hardware, Rural King, Western Piedmont Community College and so much more! 40 seller-owned units and 12 tenant-owned units with an average rent of $833/month. Gross monthly cash flow of $43, 330 and a 7% Cap Rate. Sorry, no owner-financing available. Conveyance of personal property (40 homes) will be by bill-of-sale only along with the deeds to the three parcels. Water is master-metered and runs approx. $800/month Sewer is master-metered and runs approx. $1200/month Taxes are $7000.00/year Drive-by looks are ok but please DO NOT DISTURB THE TENANTS.
MLS® Number4344560
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age9999
Basement
DrivewayDriveway, Parking Space(s)
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 9, 2026List Date
$6,999,500List Price
  • Commute

Commute

Starting Address
Destination Address
100, 102-109, 111 Ross Street, Morganton, NC

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