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.
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| MLS#: | 4289661 |
| Price: | $1,900,000 |
| Acreage: | 22.53 |
| Listing Courtesy Of: | Premier Real Estate Team Inc. - nate@brinkcommercial.com |
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