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105 Deerview Dr
Rutherfordton, NC 28139

$950,000 USD

Manufactured Housing Mobile Home Park For Sale  •  526,640 SF

Property Details

• Property Type Manufactured Housing Mobile Home Park
• Total Building Size 526,640 SF
• Lot Size 12.09 AC
• Building Class C
• Year Built 1995
• Cap Rate 6.04 %

0 Walk Score

Highlights

Expansion upside: add 8 lots via utility extension for ~50% more income-producing sites

All POHs renting at $600–$700/mo, well below area market rents of $810–$1,001

Rent-to-Own conversion opportunity to reduce maintenance and recapture home value

City water in place — no well infrastructure to maintain, reducing capital exposure

Not located in a flood zone — favorable insurance profile, no lender complications

Turnkey operations with existing maintenance staff willing to stay on for new owner

Cap Rate:

6.04 %