Vintage 52 Unit Mobile Home Park and 3 Developable acres with great cash flow in Morganton. Sitting within an opportunity zone just off I-40 Exit 103 near Chik-fil-a, Chicken Salad Chick, Lowes Hardware, Rural King, Western Piedmont Community College and so much more!
40 seller-owned units and 12 tenant-owned units with an average rent of $833/month. Gross monthly cash flow of $43,330 and a 7% Cap Rate.
Sorry, no owner-financing available. Conveyance of personal property (40 homes) will be by bill-of-sale only along with the deeds to the three parcels.
Water is master-metered and runs approx. $800/month
Sewer is master-metered and runs approx. $1200/month
Taxes are $7000.00/year
Drive-by looks are ok but please DO NOT DISTURB THE TENANTS.
Active
$6,999,500
100-102 Ross St #109, Morganton, NC 28655
--beds
--baths
1,000sqft
Multi Family
Built in ----
-- sqft lot
$306,000 Zestimate®
$7,000/sqft
$-- HOA
What's special
- 214 days
- 58
- 2
Zillow last checked:
Listing updated:
Listed by:
Allen Curtis AllenKCurtis@gmail.com,
C Shane Cook & Associates
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4344560
Facts & features
Interior
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
- Finished area above ground: 1,000
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Parking Space(s)
- Has uncovered spaces: Yes
Lot
- Size: 8.17 Acres
Details
- Additional parcels included: 1792988077, 1792985194
- Parcel number: 2702081302
- Zoning: HID and MID
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum, Vinyl
- Foundation: Crawl Space
- Roof: Aluminum,Composition,Metal
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Morganton
Financial & listing details
- Price per square foot: $7,000/sqft
- Tax assessed value: $648,373
- Date on market: 2/9/2026
- Listing terms: Cash,Conventional,Nonconforming Loan
- Tenant pays: Cable TV, Electricity
- Road surface type: Asphalt, Paved
Estimated market value
$306,000
$217,000 - $444,000
$1,124/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Listed for sale | $6,999,500$7,000/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4344560 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28655
Nearby schools
Schools provided by the listing agent
- Elementary: Mountain View
- Middle: Walter Johnson
- High: Freedom
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
