Vintage Mobile Home Park
100 102-109 111 Ross Street Morganton, NC 28655
100 102-109 111 Ross Street, Morganton, NC, 28655
$6,999,500
For Sale
$6,999,500
MULTI_FAMILY - Morganton, NC
Lot Size8.17 Acres
Days on Market157
Property Features for 100 102-109 111 Ross Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Pets allowed
- Call
- Standard status
- Active
- APN
- 2702081302
- Lot size
- 8.17 Acres
Taxes and HOA fees
- Tax Description
- REID # 1795, 1794, 5298
Utilities
- Sewer type
- Public Sewer
Building Details
- Number of units
- 52
- Building materials
- Aluminum, Vinyl
- Roof type
- Aluminum, Composition, Metal
Listing Agency
C Shane Cook & Associates
(828) 437-7400
215 Avery Ave, Morganton, NC
Listed by
Allen Curtis · License #287846
(828) 443-7318
Added: Feb 9 Checked: Jul 16 at 7:06 pm
MLS# 4344560
Listing URL
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vintage mobile home park in Morganton, North Carolina, features 52 units and 3 developable acres. Located within an opportunity zone near I-40 Exit 103, the property is close to various establishments including Chik-fil-a, Chicken Salad Chick, Lowes Hardware, Rural King, and Western Piedmont Community College. The park comprises 40 seller-owned units and 12 tenant-owned units, generating an average rent of $833 per month. The gross monthly cash flow is $43,330, with a 7% Cap Rate. The property includes three parcels. Water costs approximately $800 per month, and sewer costs around $1200 per month. Annual taxes are $7000. The property is intended for multi-family and residential income use.
Key Highlights
- Vintage 52‑unit mobile home park in Morganton with 3 developable acres
- Unit mix: 40 seller‑owned units and 12 tenant‑owned units; average rent of $833/month
- Gross monthly cash flow of $43,330 and reported 7% cap rate
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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FAQs
What type of property is this?
Mobile home & RV park - 52-unit mobile home park with development potential in Morganton, NC.
Where is this mobile home & rv park located?
The property is located at 100 102-109 111 Ross Street Morganton, NC.
What is the asking price?
The asking price for this property is $6,999,500.
What are key features of this property?
This property features: Vintage 52‑unit mobile home park in Morganton with 3 developable acres; Unit mix: 40 seller‑owned units and 12 tenant‑owned units; average rent of $833/month; Gross monthly cash flow of $43,330 and reported 7% cap rate
