Maiden, NC 28650,101 Old Tavern LN
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Maiden, NC 28650,101 Old Tavern LN
Maiden, NC 28650,101 Old Tavern LN
Maiden, NC 28650,101 Old Tavern LN
Maiden, NC 28650,101 Old Tavern LN

$1,000,000

Est. payment /mo

$1,250,000

20.0%
Est.Price: ?

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101 Old Tavern LN Maiden, NC 28650

24.1 Acres Lot

SOLD DATE : 07/20/2020

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3562843

Sold Date 07/20/20

Lot Size 24.097 Acres

Acres 24.097

Property Description

Why are mobile home parks one of the best investments left in America? GLAD YOU ASKED, Let me tell you! 1.Lower Cost Per Unit (When investing in large multifamily properties or single family homes ­the cost per unit is high. But mobile home parks allow a person to jump in and acquire more units for less money) 2.Lower cost for repairs and maintenance ( While the mobile home park owner is still going to need to account for the expenses of the upkeep for the park, it will most likely be significantly less than what they would pay for the upkeep of the homes) 3.Spread Out Risk (with more tenants, the risk is spread out more) 4.HIGH Demand (the demand for mobile homes inside well-­managed parks is ever increasing)5. Less Tenant Turnover 6.Less Competition (Mobile home park investing is the best kept secret in the real estate investment industry.) Written by: Brandon Turner, Former Contributor of Investing Magazine. 30 Homes Currently occupied, 84 spots Total. Rent Roll Available.

Location

State NC

County Catawba

Exterior

Utilities Available City Sewer, City Water

Total Parking Spaces 168

Building

New Construction false

Others

Restrictions Other - See Media/Remarks

Special Listing Condition None

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Listed by Jacque Mentink • ERA Mountain View Properties
Bought with Chelsi Poteat • ERA Mountain View Properties

Shauntay Cloud

Agent | License ID: 306709

+1(704) 880-5329

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