Gumtree Mobile Home Park   |  2059 Gumtree Road   |   15 Units

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Nick Gonzalez at nick@ltpcommercial.com

    This fifteen-unit mobile home park offers a reliable, long-term tenant base that provides a very strong cashflow. With eleven park-owned homes and four lot-rent homes, the park is at full capacity. Historically, this property has been easy to manage. Additionally, there is a possible expansion opportunity, for up to 28 lots, in the event of future sewer expansion. 

    Address:2059 Gumtree Road
    City:Winston-Salem
    Zip:27107
    Price$530,000
  • Aerial Map
  • PROPERTY DETAILS

    Property Type Investment
    Multi-family
    # of Units15
    Acres ±5.81
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasNo

    UTILITIES PAID BY

    ElectricalTenant
    WaterTenant

    TAX INFORMATION

    County:Forsyth , NC

    PRICING & TERMS

    Price$530,000
    NOI$61,438
    Cap Rate11.50%
    CommentsThis fifteen-unit mobile home park offers a reliable, long-term tenant base that provides a very strong cashflow. With eleven park-owned homes and four lot-rent homes, the park is at full capacity. Historically, this property has been easy to manage. Additionally, there is a possible expansion opportunity, for up to 28 lots, in the event of future sewer expansion.