$2,200,000

1521 Airport Rhodhiss Rd Hickory, NC 28601

Estimated payment $12,370/month

Total Views 2,638
-- Bed
-- Bath
1,054 Sq Ft
$2,087 Price per Sq Ft

Highlights

  • Four Sided Brick Exterior Elevation
  • Central Heating and Cooling System
  • Baseboard Heating

About This Home

Rare Opportunity: Impeccably Managed 20-Unit Mobile Home Park with 8.65% Cap Rate

Presenting a remarkable investment opportunity seldom found in the market—a meticulously maintained 20-unit mobile home park boasting an impressive 8.65% cap rate. Situated on 3.19 acres of prime real estate, this listing comprises 19 mobile homes along with an additional brick house, all meticulously cared for and updated to the highest standards.

Every aspect of this property reflects superior management, ensuring minimal maintenance requirements and an exemplary tenant history. Don't miss out on this chance to secure a lucrative investment with long-term potential. Contact the dedicated listing agent today to seize this exceptional opportunity.

Owner Financing may be an option.

Listing Agent

Caleb Rice

C. Rice and Associates LLC Brokerage Email: criceandassociates@gmail.com License #299802

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 1956

Parking

  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Permanent Foundation
  • Slab Foundation
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,054 Sq Ft Home
  • Crawl Space

Schools

  • Ray Childers Elementary School
  • East Burke Middle School
  • East Burke High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • The owner pays for exterior maintenance
  • Assessor Parcel Number 18019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,087

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1956
  • Road Surface Type: Gravel
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: criceandassociates@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Permanent, Pillar/Post/Pier, Slab
  • Appliances: Other
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 1054
  • Basement YN: No
  • Living Area: 1054

Exterior Features

  • New Construction: No
  • Construction Type: Manufactured,Site Built
  • Construction Type: Aluminum, Brick Full, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned

Utilities

  • Heating: Baseboard, Central, Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Other - See Remarks
  • Cooling: Central Air, Window Unit(s)
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: East Burke
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 3.19
  • Lot Size Units: Acres
  • Parcel Number: 18019
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 20

MLS Schools

  • Elementary School: Ray Childers
  • High School: East Burke

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,087 $159,888 $69,268 $90,620
2022 $902 $110,656 $19,791 $90,865
2021 $902 $110,656 $19,791 $90,865
2020 $884 $110,656 $19,791 $90,865
2019 $899 $110,252 $19,791 $90,461
2018 $826 $101,291 $19,791 $81,500
2017 $826 $101,291 $19,791 $81,500
2016 $810 $101,291 $19,791 $81,500
2015 $810 $101,291 $19,791 $81,500
2014 $810 $101,291 $19,791 $81,500
2013 $810 $101,291 $19,791 $81,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Sale $2,200,000 +598.4% $2,087 / Sq Ft
11/01/2019 11/01/19 Sold $315,000 -14.4% $26 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $367,900 -3.2% $31 / Sq Ft
07/29/2019 07/29/19 For Sale $379,900 -- $32 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $315,000 None Available
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4235104

Canopy MLS (Canopy Realtor® Association)

APN: 18019