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2 Mobile Home Parks 2 Multifamily Properties Offered at $1,971,317 CAD in Hickory, NC
INVESTMENT HIGHLIGHTS
- Two mobile home parks totaling 22 units in Hickory, NC
- Located near major highways for regional connectivity
- Opportunity for operational efficiencies and future improvements
- Majority of units leased, providing immediate income stream
- Positioned in a strong rental market with growth potential
EXECUTIVE SUMMARY
This portfolio presents a rare opportunity to acquire two income-producing mobile home parks in the thriving Hickory market. Together, these properties offer 22 units across two well-located sites, providing immediate cash flow and long-term growth potential. Both parks are situated in established residential areas with strong rental demand, making them ideal for investors seeking stability and scalability.
Hickory, NC is a growing hub positioned between Charlotte and Asheville, offering convenient access to I-40 and US-321. The region benefits from a diverse economy, affordable living, and proximity to major employment centers, ensuring consistent tenant interest. The parks’ combined footprint allows for operational efficiencies and potential future enhancements, subject to zoning.
Hickory, NC is a growing hub positioned between Charlotte and Asheville, offering convenient access to I-40 and US-321. The region benefits from a diverse economy, affordable living, and proximity to major employment centers, ensuring consistent tenant interest. The parks’ combined footprint allows for operational efficiencies and potential future enhancements, subject to zoning.
PROPERTY FACTS
| Price | $1,971,317 CAD | Number of Properties | 2 |
| Price / SF | $90.13 CAD / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 21,872 SF |
| Status | Active | Total Land Area | 4.98 AC |
| Price | $1,971,317 CAD |
| Price / SF | $90.13 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 21,872 SF |
| Total Land Area | 4.98 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 218 37th St SW, Hickory, NC 28602 | Multifamily | 11,000 SF | 2013 | $933,782 CAD |
| 309 37th St SW, Hickory, NC 28602 | Multifamily | 10,872 SF | 1998 | $1,037,535 CAD |
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M & J Realty Group
2 Mobile Home Parks
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