Surry County Mobile Home Park Portfolio
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Surry County Mobile Home Park Portfolio
3 Properties Offered at £3,550,500 in Multiple Locations
Investment Highlights
- Close Vicinity to jobs
- Potential Growth Immediately
Executive Summary
3 Park, 70 Unit Portfolio in Surry County with some room for growth:
Park 1 - 22 units: 18 are park owned homes, 3 are lot rents, 1 has lifetime rights from a previous owner that does not pay rent.
Park 2 - 26 units: 7 park owned homes - with 2 being long term owner financed (owner will transfer that collection over to you), 19 lot rent
Park 3 - 22 units: 2 houses, 7 park owned homes, 12 lot rents, 1 vacant lot
Park 1 - 22 units: 18 are park owned homes, 3 are lot rents, 1 has lifetime rights from a previous owner that does not pay rent.
Park 2 - 26 units: 7 park owned homes - with 2 being long term owner financed (owner will transfer that collection over to you), 19 lot rent
Park 3 - 22 units: 2 houses, 7 park owned homes, 12 lot rents, 1 vacant lot
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | £3,550,500 | Number of Properties | 3 |
| Price / SF | £14.98 / SF | Individually For Sale | 0 |
| Net Initial Yield | 8% | Total Building Size | 237,000 SF |
| Sale Type | Investment | Total Land Area | 34.20 AC |
| Status | Active |
| Price | £3,550,500 |
| Price / SF | £14.98 / SF |
| Net Initial Yield | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 237,000 SF |
| Total Land Area | 34.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 136 Edwards Dr, Mount Airy, NC 27030 | Residential | 22,000 SF | 1997 | - |
| 735 S Main St, Dobson, NC 27017 | Residential | 215,000 SF | 1950 | - |
| 175 Welcome Ridge Trl, Elkin, NC 28621 | Land | 21.46 AC | - | - |
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Samuel Holder -
Rogers Realty & Auction Co., Inc.
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Surry County Mobile Home Park Portfolio
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