Arron Hills Mobile Home Park
$275,000
6314 Crestwood Ave., Fayetteville, NC 28304
4,900 sqft
Building Size
0.93 acres
Lot Area
Details:
Description:
Arron Hills Mobile Home Park is located in the Cliffdale Submarket of Fayetteville. The park is well maintained and consists of .93 acres, 6-units, and 1 vacant space available for expansion. The current owners have incurred significant capital expenses due to home renovations since the owners purchased the property in August 2019. Those matters, as well as other matters including lower rents, have been addressed. As a result, our current projections for the property are a net operating income (NOI) of $29,086 and a 10.58% cap rate. See Sales Brochure for a PDF with additional unit information and financials.
Arron Hills Mobile Home Park is located in the Cliffdale Submarket of Fayetteville. The
Documents:
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| Sale Brochure |
Location
Gallery
