3000 Parker Dr

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3000 Parker Dr

Lenoir, NC 28645
Asking Price
$215K
Asset Type
Mobile-home-park
Class
Class B

What's Special

3000 Parker Dr, Lenoir, NC 28645 <ul><li>​Established 8 unit mobile home park on +/- 2.91 acres</li><li>​Strong occupancy history with existing tenants</li><li>​Professional management already in place</li><li>​Immediate cash flow and long-term income potential</li><li>​Seller has all 8 trailer titles - will transfer to new owner at closing</li><li>​Mix of 2-bedroom and 3-bedroom units</li><li>​Most residences separately metered - tenants responsible for electric</li><li>​Public water and septic systems</li><li>​Several homes u

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NOI
$80,000
Cap Rate
37.21%
DSCR
6.27
Strong
Cash-on-Cash
104.24%
Monthly Payment
$1,063.703
Annual Cash Flow
$67,235.568

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