Property Details
162 Lancaster Road
Forest City
$340,000
MLS Number: 4419291
Status: Active
Description
Fantastic investment opportunity with strong income potential and room to expand! Situated on approximately 10.12 acres, this mobile home park offers 24 total lots, creating an excellent opportunity for an investor looking to grow a rental portfolio or increase future cash flow. Currently, four lots are tenant-occupied with the mobile homes privately owned by the tenants. Tenants are responsible for their own electric service, helping keep owner operating responsibilities streamlined. With additional lots available, the property offers substantial upside for future occupancy and rental income. This is a rare chance to acquire an established mobile home park with existing tenants, significant additional lot capacity, and multiple avenues for future growth. Mobile homes are privately owned and are not included in the sale. Buyer to verify all information, permitted uses, utility availability, and requirements for additional occupancy.
Location |
|
|---|---|
| Address | 162 Lancaster Road Forest City |
| County | Rutherford |
Overview |
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| Bedrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Lot Size | 10.12 acres |
| Year Built | 1990 |
General |
|
| List Price | $340,000 |
| MLS Number | 4419291 |
| Status | Active |
| Office | Leslie Horne and Associates |
Schools |
|
| Elementary | |
| Middle | |
| High | |
Features |
|
| Type | Manufactured Home Park |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 09/03/26 4:34 am EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
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