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187 Red Tip Ln Lexington, NC 27295

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For Sale
$450,000

Mobile home park with lot-rent-only structure in Lexington, NC.

Lot size:
5.46 Acres

Property Features for 187 Red Tip Ln

General Information

Lot size
5.46 Acres

Source: KW Commercial Triad Agent Jeremy Musgrave

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Red Tip Lane Mobile Home

Red Tip Lane Mobile Home Park offers an opportunity to acquire an income-producing asset in Lexington, NC. This community features 11 mobile home pads, each with public water service and individual septic systems. The park operates on a lot-rent-only structure. Current lot rents are below market, averaging approximately $185 per month, offering potential for increased revenue through rent adjustments to align with market rates of $300-$350 per month based on nearby comparable communities.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Building Supply Auto Repair Shop Wholesale Shop Kitchen & Bath Department Store Daycare Center Grocery Store Food Market Discount Store

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

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Davidson
State
North Carolina
Longitude
-80.315856
Latitude
35.908759

FAQs

What type of property is this?
Mobile home & RV park - Mobile home park with lot-rent-only structure in Lexington, NC.
Where is this mobile home & rv park located?
The property is located at 187 Red Tip Ln Lexington, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: - Opportunity to acquire a stable, income-producing asset.; - Immediate potential for increased revenue through rent adjustments to align with prevailing market rates.; - Well-maintained community featuring **11 mobile home pads**.
More about this property
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