Bald Hill Park
$966,550
104 Lakisha Court, Madison, NC 27025
1,000 sqft
Building Size
4.67 acres
Lot Area
Details:
Highlights:
- Professionally managed 6-unit mobile home park
- 4.60± acres with expansion potential
- Five occupied homes (4 single-wide, 1 double-wide) plus one tenant-owned home
- Updated, well-maintained park-owned units
- Immediate cash flow with value-add opportunity
- One pad ready for immediate installation of an additional home
- Potential for 2–3 additional home sites (subject to approvals)
- Quiet, private county location with strong long-term investment appeal
Description:
Excellent 6-Unit Mobile Home Park Investment Opportunity | 4.60± Acres
Excellent opportunity to acquire a professionally managed 6-unit mobile home park situated on 4.60± acres in a peaceful, private county setting. This well-maintained property provides immediate cash flow with additional upside through future expansion.
The park consists of four single-wide homes and one double-wide that are park-owned, along with one tenant-owned home, creating an attractive balance of stable rental income and reduced maintenance responsibilities. All park-owned homes have been updated and are in excellent condition, reflecting consistent ownership and proactive management.
The property's generous 4.60± acre footprint offers significant value-add potential. There is currently one pad ready for immediate placement of an additional home, with sufficient land and infrastructure to potentially accommodate two to three additional units, subject to any required county approvals.
Investment Highlights
Professionally managed 6-unit mobile home park
4.60± acres with expansion potential
Five occupied homes (4 single-wide, 1 double-wide) plus one tenant-owned home
Majority of homes are park-owned
Updated, well-maintained park-owned units
Immediate cash flow with value-add opportunity
One pad ready for immediate installation of an additional home
Potential for 2–3 additional home sites (subject to approvals)
Quiet, private county location with strong long-term investment appeal
Whether you are seeking a stable income-producing asset or a value-add investment with future growth potential, this mobile home park offers an excellent combination of current cash flow, quality improvements, and expansion opportunities.
The property is ideally located in the Town of Madison, North Carolina, approximately 30 miles northeast of both Greensboro and Winston-Salem. Madison is part of the Greensboro-High Point Metropolitan Statistical Area (MSA) within North Carolina's thriving Piedmont Triad region.
The Piedmont Triad is one of the Southeast's most important economic corridors, benefiting from a diverse employment base, excellent transportation infrastructure, and continued population growth. Residents enjoy convenient access to major employment centers, healthcare systems, educational institutions, retail amenities, and recreational opportunities throughout the Greensboro, High Point, and Winston-Salem markets.
Madison offers the appeal of small-town living while remaining within an easy commute of the region's larger metropolitan areas, making it an attractive location for workforce housing and long-term residential investment.
Excellent located at the intersection of Bald Hill Loop and Bear Rd in Madison, NC.
Documents:
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| Offering_Memorandum.pdf |
Location
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