Cactus Lake Mobile Home Park

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30145460
Property Subtypes: Mobile Home Park, Other
Status: Pending
Number of Units: 46 Units
Building Size (RSF): 22,000 SF
Gross Building Area: See Agent
Gross Land Area: 58.02 Acres
Sale Price: $1,000,000
Unit Price: $21,739.13 Per Unit
Property Use Type: Investment
Building Name: Cactus Lake Mobile Home Park
Sale Terms: Cash to Seller
Average Occupancy Rate: 67
Last Updated: 6/16/2018

Overview / Comments

Property contains 46 lots. 10 lots are occupied by tenants who have supplied their own MHs. 21 lots are occupied by owners MHs and have tenants. 1 owner MH is currently vacant and 14 lots are currently vacant. Cap rate is based off of older cash flow statements. To get updated financials, contact the listing broker.

Property is located NW of center city Greenville, NC . It is 15 minutes to downtown and 11 minutes to PGV airport. There is a small lake on the property.

Additional Details

Nearest MSA: Greenville
County: Pitt
Tax ID/APN: 11673
Zoning: RA
Percent Occupied: 67%
Highway Access: I-587 and Hwy 33
Airports: Pitt Greenville Airport
Site Description: Lake on property
Total Number of Buildings: 22
Property Condition: Average
Zoning Description: RA

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,149 14,567 53,429
Median Age: 29.48 31.19 30.12
Households: 961 5,743 20,678
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.