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309 37th St SW 10 Unit Mobile Home Park $1,040,550 CAD ($104,055 CAD/Unit) Hickory, NC 28602
INVESTMENT HIGHLIGHTS
- Prime multifamily investment in Hickory, NC
- Situated on approximately 2.4 acres of land
- Convenient access to US-321 and I-40 for regional connectivity
- 10-unit package with option for 12 more nearby
- Strong rental demand and stable tenant base
EXECUTIVE SUMMARY
This is a rare chance to secure a well-positioned multifamily portfolio in Hickory, North Carolina, a growing market known for its affordability and strong rental demand. The offering includes 10 units on roughly 2.4 acres, with the flexibility to expand by purchasing an additional 12 units located nearby. Hickory sits strategically between Charlotte and Asheville, providing access to major employment hubs while maintaining a cost-effective living environment that attracts long-term tenants.
The property benefits from proximity to US-321 and I-40, ensuring excellent connectivity to regional markets. Hickory’s economy is supported by manufacturing, healthcare, and education sectors, creating a stable tenant base. Investors will appreciate the scalability of this opportunity, with potential for operational efficiencies across multiple sites. Whether you’re looking to grow your portfolio or enter a high-demand rental market, this package offers strong fundamentals and room for future appreciation.
The property benefits from proximity to US-321 and I-40, ensuring excellent connectivity to regional markets. Hickory’s economy is supported by manufacturing, healthcare, and education sectors, creating a stable tenant base. Investors will appreciate the scalability of this opportunity, with potential for operational efficiencies across multiple sites. Whether you’re looking to grow your portfolio or enter a high-demand rental market, this package offers strong fundamentals and room for future appreciation.
PROPERTY FACTS
| Price | $1,040,550 CAD | Building Class | C |
| Price Per Unit | $104,055 CAD | Lot Size | 2.46 AC |
| Sale Type | Investment | Building Size | 10,872 SF |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1998 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $1,040,550 CAD |
| Price Per Unit | $104,055 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.46 AC |
| Building Size | 10,872 SF |
| No. Stories | 1 |
| Year Built | 1998 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | - | - |
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M & J Realty Group
309 37th St SW
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