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%
Listing Contact: [email protected]