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796 Boyhill Ln 1 Unit Mobile Home Park $485,590 CAD ($485,590 CAD/Unit) 10% Cap Rate Garland, NC 28441
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $485,590 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $485,590 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 7.20 AC |
| Cap Rate | 10% | Building Size | 5,000 SF |
| Sale Condition | Business Value Included | Average Occupancy | 100% |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1993/2023 |
| Zoning | AG1 - Agricultural | ||
| Price | $485,590 CAD |
| Price Per Unit | $485,590 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| Sale Condition | Business Value Included |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 7.20 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1993/2023 |
| Zoning | AG1 - Agricultural |
ABOUT 796 BOYHILL LN , GARLAND, NC 28441
Turnkey, income-producing mobile home park situated on 6.7 acres in the heart of Garland, North Carolina. This stabilized asset features seven pads (septic and water available), five of which are fully renovated and income-generating, producing $42,900 in annual gross income with professionally screened tenants under annual leases. Investment Highlights: - Five fully renovated and occupied units delivering consistent monthly income of $3,575 - Two additional units currently utilized for storage, offering potential upside through conversion - Expansive 6.7 acre parcel providing ample room for future pad or amenity expansion - Open storage shed for operational use or additional income - Tenant base fully background and credit verified - Strong, enforceable lease agreements in place Seller financing offered with minimum $85,000 down, presenting an accessible entry into a high-yield investment. This property delivers immediate cash flow with long-term growth potential, a rare opportunity to acquire a stabilized, performing mobile home park in an emerging Eastern North Carolina market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $887.94 CAD | 600 |
| 2+2 | 2 | $936.50 CAD | - |
| 3+1.5 | 2 | $1,100 CAD | - |
PROPERTY TAXES
| Parcel Number | 16045332002 | Improvements Assessment | $13,504 CAD (2025) |
| Land Assessment | $49,589 CAD (2025) | Total Assessment | $63,092 CAD (2025) |
PROPERTY TAXES
Presented by
Premier Mobile Home Community, LLC
796 Boyhill Ln
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