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$750,000
-- Bed
-- Bath
--sqft
109 Sheets Park Ln, Mount Airy, NC 27030
$750,000
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Multi Family
Built in 1988
$-- HOA
2.6 acres lot
--/sqft
Description
Sheets Park MHP — 18 pads / 13 TOH / 5 POH. Septic + well. Stable in-place cashflow. Price: $750,000 Going-in: ~8.2% cap on seller-reported 2025 NOI (~$61,500). Upside: In-place rents appear under market — mark-to-market drives meaningful yield expansion Convert the 3 POH to lease-to-own to shed operational drag 15 TOH base = sticky cashflow, low management touch. Rural park, limited new MHP supply in the submarket. Stabilized-plus-upside story for an operator who can push rents and execute LTO conversions. T-12/24 and rent roll on request.
- Houzeo last checked: 8 minutes ago
- Listing updated: June 19, 2026 at 5:29 pm
- Listing Provided by: Jason Coleman (336) 601-6995 | eXp Realty (888) 584-9431
- Source: Triad MLS-NC | MLS#: 1222532
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1988
HOA Fees
-
Finished Area
- sqft
Lot Size
2.6 acres lot
Basement Area
- sqft
MLS Name
Triad MLS
MLS Number
1222532
MLS Status
Active
Days on Market
74
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