109 Sheets Park Lane, Mount Airy, NC 27030

Mount Airy
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
109 Sheets Park Lane,Mount Airy, NC 27030
$750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jason coleman
Office: exp realty888-584-9431
MLS#:1222532
Source:NC_TRIAD

Price summary

  • Price:$750,000

About this home

Sheets Park MHP — 18 pads / 13 TOH / 5 POH. Septic + well. Stable in-place cashflow. Price: $750,000 Going-in: ~8.2% cap on seller-reported 2025 NOI (~$61,500). Upside: In-place rents appear under market — mark-to-market drives meaningful yield expansion Convert the 3 POH to lease-to-own to shed operational drag 15 TOH base = sticky cashflow, low management touch. Rural park, limited new MHP supply in the submarket. Stabilized-plus-upside story for an operator who can push rents and execute LTO conversions. T-12/24 and rent roll on request.

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Home facts

  • Year built:1988
  • Listing ID #:1222532
  • Added:62 day(s) ago
  • Updated:August 08, 2026 at 04:11 PM

Heating and cooling

  • Cooling:Central Air, Heat Pump, Window Unit(s)
  • Heating:Electric, Multiple Systems
  • Central air:Yes

Structure and exterior

  • Year built:1988
  • Lot area:2.6 Acres
  • Architectural Style:Manufactured

Utilities

  • Water:Public, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$750,000
  • Tax amount:$1,184

Parking

  • Parking description:Driveway, Paved
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