100, 102-109, 111 Ross Street, Morganton, NC 28655

Morganton
Local realty services provided by:ERA Live Moore
Listed by: allen curtis
Office: c shane cook & associates
MLS#:4344560
Source:CH
100, 102-109, 111 Ross Street,Morganton, NC 28655
$6,999,500
  • - Beds
  • - Baths
  • 1,000 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$6,999,500
  • Price per sq. ft.:$6,999.5

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:9999
  • Listing ID #:4344560
  • Updated:May 15, 2026 at 01:16 PM

Rooms and interior

  • Living area:1,000 sq. ft.

Structure and exterior

  • Roof:Aluminum, Composition, Metal
  • Year built:9999
  • Building area:1,000 sq. ft.
  • Lot area:8.17 Acres
  • Construction Materials:Aluminium, Vinyl
  • Foundation Description:Crawl Space

Schools

  • High school:Freedom
  • Elementary school:Mountain View

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,999,500
  • Price per sq. ft.:$6,999.5

Parking

  • Parking description:Driveway
MLS LogoListings courtesy of Canopy MLS as distributed by MLS GRID. Copyright 2021 Canopy MLS. All rights reserved. Canopy MLS, provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Canopy MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Canopy MLS.

New listings near 100, 102-109, 111 Ross Street