Description
Investment opportunity in North Wilkesboro! Situated on 2.57 acres, this mobile home park includes 5 homes currently in place with a total of 6 lots, offering established rental income with additional potential. The five homes currently generate a combined $3,650 per month, or $43,800 in annual gross rental income. For Reference with current list price the new owner could expect up to a 10% CAP rate using the conservative allowance the current owners use for operating expenses. With five income-producing homes already in place and a sixth lot, this property offers an opportunity for an investor looking to add a smaller rental portfolio to their holdings without starting from scratch. Convenient to North Wilkesboro with access to area shopping, services and major roadways. Shown by Appointment only, no drive-bys please. Expenses, NOI and cap rate are estimates provided for informational purposes only. Buyer and buyer's agent should independently complete their own analysis.
-
0BEDS
-
2.57ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Investment opportunity in North Wilkesboro! Situated on 2.57 acres, this mobile home park includes 5 homes currently in place with a total of 6 lots, offering established rental income with additional potential. The five homes currently generate a combined $3,650 per month, or $43,800 in annual gross rental income. For Reference with current list price the new owner could expect up to a 10% CAP rate using the conservative allowance the current owners use for operating expenses. With five income-producing homes already in place and a sixth lot, this property offers an opportunity for an investor looking to add a smaller rental portfolio to their holdings without starting from scratch. Convenient to North Wilkesboro with access to area shopping, services and major roadways. Shown by Appointment only, no drive-bys please. Expenses, NOI and cap rate are estimates provided for informational purposes only. Buyer and buyer's agent should independently complete their own analysis.
Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data last updated 2026-10-08T23:30:47.107.
Listing information © 2026 Triad MLS, Inc. All rights reserved. Listing provided courtesy of eXp Realty:888-584-9431. Information deemed reliable but not guaranteed.