Sold

720 Washburn Switch Road

Shelby NC, 28150

$360,427


$3.60 per sqft

Sold

100,188 sqft

Commercial

Back on the market due to buyer financing- No Fault of Seller. An investment opportunity like this property does not come on the market very often. Successful mobile home park with 12 mobile homes which sits on 2.3 acres. Potential for 13th unit. Units are in good condition. 1 unit is a 3 bedroom, 10 are 2 bedrooms and 1 was modified from a 2 bedroom to a 1 bedroom. All units have septic (some units share septic tanks) and Shelby City Water. All units are currently rented. One unit, owner currently uses as storage for repairs to the park and can be modified for another rental. The mobile home park has low overhead and is easy to self-manage. Do not disturb tenants. Great ROI and potential for a BETTER ROI! Rent for the year is approx. $87240 Sell will have all tenants switch to pay their own utilities before new owner takes over. NO OWNER FINANCING

3867446

MLS ID

June 11, 2022

Listed

February 16, 2024

Updated

Map

720 Washburn Switch Road
Shelby NC, 28150

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.3 Acres

Other Property Details

Days on Market

138


Garage

No


View

No


County

Cleveland


Pool

No


Zoning

R-15


Buyer Agency Compensation

2.5%

Courtesy of NorthGroup Real Estate, Inc. with Cyndi Newton, Alycia Stewart
Listing Contact: [email protected] 
 
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