$1,950,000 $10,468 est/mo Sourced by Back At You

2689 Timerill Drive,Morganton, NC 28655

Morganton NC, 28655

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This 52 pad MHP offers a density that is difficult to find either on, or off the market in Western NC! The park contains mostly older singlewides, with 14 tenant owned units, 11 park owned units, 17 vacant park owned units, 10 vacant pads. The park features a gently sloping topography that offers pleasant views from the knoll top in the center of the property. MHP pads and units are served by a combination of individual and shared septics. Landlord covers trash/waste service, also city water/sewer billing. The opportunity exists to pass thru additional utility expenses to tenants. Zoned R-3 in Burke County. Convenient location only 7 miles to downtown Morganton and 9 miles to downtown Lenoir with high visibility and easy access off Hwy 64. All considered, this park offers an excellent opportunity for a value-add investor to create significant long-term cash flow with a good park density in a growing region that will see continued housing demand.


Listing TypeFor Sale
StyleManufactured Home
StatusActive Under Contract
Days On Site191
Listing Provided ByKeller Williams Professionals | Collin O'Berry
Buying Commision2%


Property ViewLong Range, Mountain(s), Winter,

Market Activity 28655

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

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Zip Code28655
Listing VS Median (in 28655)
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On Site:
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Sourced by Back At You
Listing Updated: June 7, 2024 at 1:24:32 PM PDT