3686 Cook W Road, Valdese, NC 28690

$350,000
10
BD

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Listing courtesy of C Shane Cook & Associates. AllenKCurtis@gmail.com

List Price
$350,000
Status
ACTIVE
MLS#
4419474
Bedrooms
10
Full-baths
5
Lot Size
106,286
Year Built
9999
Acres
2.44

Property Description

Discover the income-producing potential of 3686 Cook Rd W, Valdese, NC! Situated on approximately 2.44 acres, this established 5-unit mobile home park offers immediate rental income along with exciting possibilities for future growth. Each of the five units features 2 bedrooms and 1 bathroom, with an average monthly rent of approximately $750 per unit—providing an estimated $3,750 in gross monthly rental income at full occupancy. Each unit is separately metered for water and electricity, helping simplify utility management for the property owner. The property is currently configured with two units per septic system. What really sets this investment apart is the potential for expansion. Approximately half of the 2.44-acre property remains undeveloped, creating the possibility for additional units or other future development, subject to county approvals, zoning, septic capacity, and other applicable requirements. Whether you're looking to add an established income-producing property to your portfolio or searching for an investment with room to grow, 3686 Cook Rd W offers both current cash flow and future potential. 5 Rental Units • 2 BR / 1 BA Each • Approx. 2.44 Acres • Separately Metered Utilities • Approx. $3,750 Gross Monthly Rent at Full Occupancy • Potential for Additional Development

Additional Information

Foundation
Crawl Space
Exterior Finish
Aluminum
Parking
Driveway
Special Conditions
None
Water
Public
Construction
Manufactured
Heating
Electric

Mortgage Calculator

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Calculator source: Real Geeks

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