Hollands MHP

Monique Rd. Lucama, NC 27851

Price: $1,450,000.00

Community Overview

MH Pro Group is pleased to exclusively offer the sale of Hollands Mobile Home Park, a 40-pad manufactured housing community located in Lucama, North Carolina. Of the 40 Pads, 16 are occupied by park-owned homes (2 Vacant), and 23 are occupied by tenant-owned homes. Water services in the park are public and billed directly to the tenants. The sewer in the park is set up on a 1:1 septic system. The community has a very little tenant turnover, and represents an opportunity for new investors to increase revenues through better aligning rents with the current market. There is a 22 Acre parcel adjacent to the park that can be purchased separately from this sale. The parcel is currently being used as farmland, but represents an opportunity for future expansion.

Community Details

Pad Count: 40

Sewer: Private (1:1 Septic)

Water: Public (Direct Bill)

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CONFIDENTIALITY AGREEMENT

THIS IS INTENDED TO BE A LEGALLY BINDING AGREEMENT.

The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from MH Pro Group, LLC and distribution to any other person or entity without the express written consent of MH Pro Group, LLC is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. MH Pro Group, LLC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. MH Pro Group, LLC has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, MH Pro Group, LLC has not verified, and will not verify, any of the information contained herein, nor has MH Pro Group, LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.