Premier Real Estate Team presents West Park Trailer Park, a ±50-pad mobile home community in Lexington, NC. This stabilized, income-producing asset offers strong upside with below-market rents and expansion potential. The property includes 39 developed pads; 11 expansion pads have municipal approvals with infrastructure budgeted and ready. Includes 23 park-owned homes (many recently acquired and ready for repositioning) with individually metered utilities for easier management. Located in the growing Piedmont Triad near Winston-Salem, High Point, and Greensboro, areas with strong job growth and demand for affordable housing. Ideal for investors seeking yield with value-add through rent increases, home sales, or expansion. Flexible terms: $2.4M seller financing with $800K down or $2.1M cash price for quick close. Rent roll/appraisal available in DD via signed CA.
Property Type: | Commercial Sale | Property Subtype : | Manufactured Home Park |
Year Built : | 1985 | Construction Type : | Manufactured |
Lot Size : | 22.53 Acres |
Based on information submitted to the MLS GRID as of 08-16-2025 19:20:05 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.