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Multifamily For Sale • 47,000 SF
| Stable Portfolio - The portfolio currently maintains strong occupancy with only 1 vacancy across 52 total sites. |
| Below Market Rents - Current lot rents average $275/month, approximately 35% below market rents for the region. |
| Mobile Home Notes - The portfolio benefits from additional income generated through 19 seller-financed mobile home notes. |
| Public Utilities - Water is individually metered through the cities of Stoneville and Madison. Sewer, electric, and trash are directly billed |
| Economic Drivers - Located in Rockingham County just north of Greensboro, the portfolio benefits from proximity to major employers. |
| Immediate Scale - Immediate scale through three mobile home parks totaling 52 sites, all located within approximately a 15-minute drive of one another |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Piedmont Triad International | 44 min | - | 28.0 mi |
Tim Ryan
Avine Real Estate
Tim Ryan
Avine Real Estate
