3799 S HWY 150 HWY Active Save Request In-Person Tour Request Virtual Tour
Lexington,NC 27295
$ 2100000
- Bed
- Bath
- SqFt
Key Details
Property Type Commercial
Sub Type Manufactured Home Park
Listing Status Active
Purchase Type For Rent
MLS Listing ID 4280270
Year Built 1985
Lot Size 22.530 Acres
Acres 22.53
Property Sub-Type Manufactured Home Park
Property Description
Premier Real Estate Team presents West Park Trailer Park, a ±50-pad mobile home community in Lexington, NC. This stabilized, income-producing asset offers strong upside with below-market rents and expansion potential. The property includes 39 developed pads; 11 expansion pads have municipal approvals with infrastructure budgeted and ready. Includes 23 park-owned homes (many recently acquired and ready for repositioning) with individually metered utilities for easier management.
Located in the growing Piedmont Triad near Winston-Salem, High Point, and Greensboro—areas with strong job growth and demand for affordable housing. Ideal for investors seeking yield with value-add through rent increases, home sales, or expansion.
Flexible terms: seller financing with $800K down or $2.1M cash price for quick close. New roads recently completed, enhancing accessibility and curb appeal.
Rent roll/appraisal available in DD via signed CA.
Location
State NC
County Davidson
Zoning RM - 1
Interior
Inclusions Land
Exterior
Street Surface Gravel
Building
Dwelling Type Manufactured
New Construction false
Others
Senior Community false
Restrictions Deed