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Multifamily For Sale • 13,000 SF
| 21-lot, 2-park portfolio in Cleveland & Rutherford Counties, NC at $61,905/pad |
| 90.5% occupied with $140,064 annualized in-place gross revenue as of July 2026 |
| Two vacant POH units offer $18,700 annual upside with turn cost only |
| Below market lot rents at $375 — $75 push adds $9,000/yr and ~$135,000 in value |
| 11 park owned homes offer POH-to-TOH conversion value creation strategy |
| Low density at 2.7 lots/acre on ±7.88 acres with expansion potential |
| Cap Rate: | 7.67 % |
Arthur Varela
Matthews Real Estate Investment Services
Arthur Varela
Matthews Real Estate Investment Services
