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$6,999,500
-- Bed
-- Bath
1,000sqft
100, 102-109, 111 Ross St, Morganton, NC 28655
$6,999,500
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Multi Family
Built in 9999
$-- HOA
8.17 acres lot
$7,000/sq.ft
Description
Vintage 52 Unit Mobile Home Park and 3 Developable acres with great cash flow in Morganton. Sitting within an opportunity zone just off I-40 Exit 103 near Chik-fil-a, Chicken Salad Chick, Lowes Hardware, Rural King, Western Piedmont Community College and so much more!
40 seller-owned units and 12 tenant-owned units with an average rent of $833/month. Gross monthly cash flow of $43,330 and a 7% Cap Rate.
Sorry, no owner-financing available. Conveyance of personal property (40 homes) will be by bill-of-sale only along with the deeds to the three parcels.
Water is master-metered and runs approx. $800/month
Sewer is master-metered and runs approx. $1200/month
Taxes are ...
- Houzeo last checked: 5 hours ago
- Listing updated: February 9, 2026 at 8:55 pm
- Listing Provided by: Allen Curtis (828) 443-7318 | C Shane Cook & Associates (828) 437-7400
- Source: Canopy MLS | MLS#: 4344560
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
9999
HOA Fees
-
Finished Area
1,000 sqft
Lot Size
8.17 acres lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4344560
MLS Status
Active
Days on Market
199
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