Rare Opportunity: Impeccably Managed 20-Unit Mobile Home Park with 8.65% Cap Rate
Presenting a remarkable investment opportunity seldom found in the market—a meticulously maintained 20-unit mobile home park boasting an impressive 8.65% cap rate. Situated on 3.19 acres of prime real estate, this listing comprises 19 mobile homes along with an additional brick house, all meticulously cared for and updated to the highest standards.
Every aspect of this property reflects superior management, ensuring minimal maintenance requirements and an exemplary tenant history. Don't miss out on this chance to secure a lucrative investment with long-term potential. Contact the dedicated listing agent today to seize this exceptional opportunity.
Owner Financing may be an option.
Active
$2,200,000
1521 Airport Rhodhiss Rd, Hickory, NC 28601
--beds
--baths
1,054sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$2,087/sqft
$-- HOA
What's special
- 40 days
- on Zillow |
- 227 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2025 at 08:41am
Listing Provided by:
Caleb Rice criceandassociates@gmail.com,
C. Rice and Associates LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4235104

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Baseboard, Central, Electric, Heat Pump
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Other
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 1,054
- Total interior livable area: 1,054 sqft
- Finished area above ground: 1,054
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned
Lot
- Size: 3.19 Acres
Details
- Parcel number: 18019
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum, Brick Full, Vinyl
- Foundation: Crawl Space, Permanent, Pillar/Post/Pier, Slab
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Septic Installed
- Water: County Water
Community & HOA
Location
- Region: Hickory
Financial & listing details
- Price per square foot: $2,087/sqft
- Tax assessed value: $159,888
- Annual tax amount: $899
- Date on market: 3/18/2025
- Listing terms: Cash,Conventional,Owner Financing
- Tenant pays: All Utilities
- Road surface type: Gravel
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