Lexington, NC 27295,3799 S HWY 150 HWY
Lexington, NC 27295,3799 S HWY 150 HWY
Lexington, NC 27295,3799 S HWY 150 HWY
Lexington, NC 27295,3799 S HWY 150 HWY
Lexington, NC 27295,3799 S HWY 150 HWY
Lexington, NC 27295,3799 S HWY 150 HWY
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$ 1,900,000
Est. payment | /mo

22.53 Acres Lot


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$ 1,900,000
Est. payment | /mo
Save

22.53 Acres Lot

Key Details

Property Type Commercial

Sub Type Manufactured Home Park

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4289661

Year Built 1985

Lot Size 22.530 Acres

Acres 22.53

Property Sub-Type Manufactured Home Park

Property Description

Premier Real Estate Team presents West Park Trailer Park, a ±50-pad mobile home community in Lexington, NC. Appraised at $2.6M (July 2024) and now offered at $1.9M for a quick close, this is a true value-add opportunity with multiple levers for growth.

Highlights:
•39 developed pads + 11 approved expansion pads (municipal approvals in place, infrastructure budgeted)
•23 park-owned homes — many recently acquired and ready for repositioning or resale
•Individually metered utilities streamline future operations
•Strong upside via rent increases, home sales, and infill/expansion
Location:
Located near the Piedmont Triad near Winston-Salem, High Point, and Greensboro, a region experiencing job growth and high demand for affordable housing.
Terms:
•$2.4M seller financing with $800K down
•Or $1.9M all-cash, quick close
Rent roll and July 2024 appraisal available in DD with signed CA.

Location

State NC

County Davidson

Zoning RM - 1

Interior

Inclusions Fixtures, Land

Exterior

Street Surface Gravel

Building

Dwelling Type Manufactured

Sewer Septic Installed, Septic Needed

Water Public, Tap Fee Required

New Construction false

Others

Senior Community false

Special Listing Condition None

Listed by Nate Brink • Premier Real Estate Team Inc. • nate@brinkcommercial.com
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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