2616 Sides Village Drive
- All tenants on month-to-month leases
- Below market rents
- Predominantly tenant-owned portfolio
- City Water & Sewer at both parks
Property Description
Presenting an opportunity to acquire a 2 park portfolio totaling 89 pads in Winston-Salem and Lewisville. Sides Mobile Home Court (53 sites) and Lazy Acres (36 pads) offer below market rents and month to month leases. Both communities are served by city water and sewer and are well located offering convenient access to local amenities, employment centers, and the expanding Winston-Salem market. As demand for affordable housing continues to grow, this portfolio presents an opportunity for an investor to increase operational efficiencies and raise rents to market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $7,100,000 |
| No. of Units: | 2 |
| Lot Size: | 2.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $3,550,000 |
| Property Website | Click Here |
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