Granite Falls Apartment Buildings for Sale

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4 photos

3825 County Home Road

3825 County Home Road, Conover, NC 28613

Size Upon Req.$3,250,000

Multi-Family

The CBRE Manufactured Housing Group, as the exclusive marketing broker, is pleased to offer Lyle Haven Manufactured Housing Community for sale. Lyle Haven is an 82-space, all-age community located in Conover, Catawba County, NC, within close proximity of Charlotte and Winston-Salem. Lyle Haven was developed in 1973 and renovated in 1995 when a majority of the park-owned homes in the community were brought in and when the community was connected to public water and sewer. Included in the sale are 80 park-owned rental homes that are rented out on a monthly or weekly basis. These homes are primarily 1990s singlewides. Each home site includes a small patio and paved off-street parking for two vehicles. The community also includes an office and a 5,000-SF maintenance building. Utilities include public water and sewer that are individually metered. The city of Conover provides the trash service, which is also paid

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8 photos

820 Milton Avenue Sw

820 Milton Avenue Sw, Valdese, NC 28690

4,704 SF$269,900

Multi-Family

6 unit apartment complex in a great neighborhood. All units are 2bedroom 1.5 baths townhome style.

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3 photos

2676 Timerill Drive

2676 Timerill Drive, Morganton, NC 28655

Size Upon Req.$700,000

Multi-Family

REDUCED==52 Lot MHPK==48 Mobile Homes==Selling land and mobile homes that are park owned==call Rebecca if you need more info==Nice clean park==management in place==producing great income==CASH or Convential==BRING AN OFFER

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2810 Hilltop Avenue

2810 Hilltop Avenue, Morganton, NC 28655

Size Upon Req.$89,900

Multi-Family

Recently Rehabbed homes & upgraded park. 6 Unit MHP, city water, fully leased, low rents. Just outside the city limits. Easy management - fixed income tenants.

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6 photos

4323 Hall Dairy Road

4323 Hall Dairy Road, Claremont, NC 28610

Size Upon Req.$910,000

Multi-Family

PRICE JUST REDUCED & CONSIDERABLE UPSIDE POTENTIAL: Conservative Proforma Cap Rate of 12.87% without additional homes in the park. Well maintained MHP, Located in one of the "Hidden Gems of America" and only minutes to I-40 and a short drive to the biggest employers in the area. 38 space park, with 17 single-wides and 1 double wide park owned homes - all newer models with shingled roofs & vinyl siding & HVAC. 14 rented lots with room for rent increases. 6 vacant lots to add your own park owned home & significantly increase NOI. Large lots in very well maintained park, very low property taxes. Park has POH vacancy rate of 38.33% while nearby, less desirable parks had 0% vacancy rate in 2013. More effective management and a reduction of vacancy rate to 10% raises the cap rate to 12.87.

Featured Broker

Razi Mithani
Dallas, TX
Breeze Realty Inc
LEASE: Office, Retail, Industrial
SALE: Office, Retail, Industrial, Multi-Family, Medical Office, Income / Business
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Granite Falls Apartment Buildings for Sale

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