Silver Valley / Midway MHP

  SOLD June 2021 for $625,000

138 Jolly Road, Lexington, North Carolina 27292


Units25
ZoningRes
WaterCity
SewerSeptic

2 nearby parks, combined 25 spaces: 13 lot rent, 8 park owned homes, 5 vacant spaces. City water individually metered and directly billed to tenants, all but 2 spaces in each park on 1:1 septic ratio. POH's recently (and extravagantly) remodeled, all but 2 with new heat pumps. App $20k per year in lost income due to under priced rents!


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