Arron Hills Mobile Home Park

6314 Crestwood Ave., Fayetteville, NC

$275,000

Price

4,900 sqft

Building Size

0.93 acres

Lot Area

Overview
Building Size
4,900 sqft
Lot Area
0.93 acres
Occupancy
100%
Units
6
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

Location
Gallery