3799 HWY 150 Highway
3799 HWY 150 Highway
Lexington, NC 27295
$1,900,000
- Lot Size: 22.53 Acres
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.
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Manufactured Home Park |
| Year Built : | 1985 | Construction Type : | Manufactured |
| Lot Size : | 22.53 Acres |
More Information
- Water Source : Public, Tap Fee Required
- Road : Publicly Maintained Road, Private Maintained Road
Based on information submitted to the MLS GRID as of 10-02-2025 09:45:04 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.