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1059 Eller Road

1059 Eller Road Lexington NC 27295

  • Price
    $1,100,000
  • Acres
    6.93

 Existing mobile home park located in a quiet neighborhood setting, just south of Winston-Salem. The park consists of 23 spaces (4 homes are park-owned) with the potential to add up to 5 additional lots. Located on ±6.93 acres of land, the park is served with public water (individually metered) and septic. Great income opportunity with long-term tenants and strong occupancy history. Lot rents have not been increased in over 7 years, creating an immediate value-add opportunity. This investment opportunity is conveniently located with easy access to major Triad cities, highways and retail destinations. 

Broker:

  • R. Tim Lichtenstein, CCIM R. Tim Lichtenstein, CCIM Email
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Details

Property Information

  • Property Type
    Multi-family
  • Acres
    6.93
  • Total Number of Units
    23

Tax Information

  • Zoning
    RA3
  • Tax PIN
    1302200000027

Pricing & Terms

  • Price
    $1,100,000
  • Comments
    Existing mobile home park located in a quiet neighborhood setting, just south of Winston-Salem. The park consists of 23 spaces (4 homes are park-owned) with the potential to add up to 5 additional lots. Located on ±6.93 acres of land, the park is served with public water (individually metered) and septic. Great income opportunity with long-term tenants and strong occupancy history. Lot rents have not been increased in over 7 years, creating an immediate value-add opportunity. This investment opportunity is conveniently located with easy access to major Triad cities, highways and retail destinations.

Property Documents

Aerial Map

Aerial Photo