100 102-109 111 Ross Street, Morganton, NC 28655

Building Details

Number of units

52

Building materials

Aluminum, Vinyl

Roof type

Aluminum, Composition, Metal

Listing agent Allen Curtis License #287846 Show Phone

Listing office C Shane Cook & Associates c***@yahoo.com 215 Avery Ave, Morganton, NC Show Phone

Listing date Feb 9, 2026

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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.

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Morganton

County

Burke

State

North Carolina

Longitude

-81.6958623

Latitude

35.7211229

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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