
1261 W Highview Ln
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1261 W Highview Ln Immeuble residentiel 6 lots 835 247 € (139 208 €/Lot) Lincolnton, NC 28092

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Mix of stick built (6) & mobile homes(7)
- Rental income in place & room to increase rents to match current market value
- Value-Add potential with rehab opportunities & ground leasing options
- 3 separate parcels with nearly 10 acres total
RÉSUMÉ ANALYTIQUE
Extremely unique opportunity just minutes from Lincolnton’s growing downtown! This property consists of three parcels (51604, 51605, 51606), totaling just under 10 acres. Zoned R-25, with a small portion of parcel 51606 zoned GMC. Parcels will not be sold separately.
Property Breakdown:
3 stick-built homes currently rented
3 stick-built homes vacant & in need of rehab
2 mobile homes currently rented
5 uninhabitable mobile homes (likely need removal, presenting a ground lease or replacement opportunity for 4 of them)
Utilities:
Shared community well (except 1275 W Highview, which has its own well)
City water tap available
Income Potential & Value-Add:
All rents are below current market value, allowing room for rent increases
Only one written lease ($400/month for a trailer); all others are verbal month-to-month
Potential for increased cash flow through rehab, rent increases, and ground leasing
1275 W Highview Ln, 2/1 - $800
1261 W Highview Ln, 4/1 - $900
1218 W Highview Ln, 2/1 - $800
1253 W Highview Ln, 2/1 - $400
1233 W Highview Ln, 1/1 - $550
Please do not disturb tenants! Contact me for more details.
Property Breakdown:
3 stick-built homes currently rented
3 stick-built homes vacant & in need of rehab
2 mobile homes currently rented
5 uninhabitable mobile homes (likely need removal, presenting a ground lease or replacement opportunity for 4 of them)
Utilities:
Shared community well (except 1275 W Highview, which has its own well)
City water tap available
Income Potential & Value-Add:
All rents are below current market value, allowing room for rent increases
Only one written lease ($400/month for a trailer); all others are verbal month-to-month
Potential for increased cash flow through rehab, rent increases, and ground leasing
1275 W Highview Ln, 2/1 - $800
1261 W Highview Ln, 4/1 - $900
1218 W Highview Ln, 2/1 - $800
1253 W Highview Ln, 2/1 - $400
1233 W Highview Ln, 1/1 - $550
Please do not disturb tenants! Contact me for more details.
INFORMATIONS SUR L’IMMEUBLE
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
2+1 | 6 | - | - |
1 of 1
1 de 2
VIDÉOS
VISITE 3D
PHOTOS
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1261 W Highview Ln
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