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For Sale

2 Park Portfolio | 89 Units

2616 Sides Village Drive,
Winston-Salem, NC 27127

Asset Snapshot

2 Units
Unit Count
0 SF
Average Unit Size

Offering Summary

Investment Overview

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.


Investment Highlights

  • All tenants on month-to-month leases
  • Below market rents
  • Predominantly tenant-owned portfolio
  • City Water & Sewer at both parks

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Listing Syndicated From

Buildout
For Sale
$7,100,000
Asking Price