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- Description
- Property Details
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- Facts & Features
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Street View
$6,999,500
Monthly Est:$34,839
-- Bed
-- Bath
1,000sqft
100, 102-109 111 Ross St, Morganton, NC 28655
$6,999,500
$34,839/moEst:
Get Pre-Approved
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 $7000.00/year
Drive-by looks are ok but please DO NOT DISTURB THE TENANTS.
- Houzeo last checked: 2 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
Part of
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
245
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Other See Remarks
Sewer
Public Sewer
Heating
Other See Remarks
Appliances
Other
Construction
Year Built
Year Built: 9999
Home type
Multi Family
Roof
Aluminum, Composition, Metal
Construction Materials
Aluminum, Vinyl
Foundation Details
Crawl Space
Utilities & Energy
Laundry Features
Other See Remarks
Water Source
City
Parking Features
Driveway, Parking Space(s)
Other Features
Tenant Pays
Cable Tv, Electricity, Internet
Price History
| Date | Event | Price |
|---|---|---|
02/09/2026 Source: #CAR4344560 | Listed for Sale | $6,999,500 $7,000/sqft |
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Based on information submitted to the MLS GRID from Canopy MLS through Oct 12, 2026, 10:30AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.
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