$340,000
162 Lancaster Rd, Forest City, NC 28043
0 bed · 0 bath
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Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Fantastic investment opportunity with strong income potential and room to expand! Situated on approximately 10.12 acres, this mobile home park offers 24 total lots, creating an excellent opportunity for an investor looking to grow a rental portfolio or increase future cash flow. Currently, four lots are tenant-occupied with the mobile homes privately owned by the tenants. Tenants are responsible for their own electric service, helping keep owner operating responsibilities streamlined. With additional lots available, the property offers substantial upside for future occupancy and rental income. This is a rare chance to acquire an established mobile home park with existing tenants, significant additional lot capacity, and multiple avenues for future growth. Mobile homes are privately owned and are not included in the sale. Buyer to verify all information, permitted uses, utility availability, and requirements for additional occupancy.
About the Neighborhood
Homes for sale in 28043 place buyers in Forest City, the Rutherford County seat approximately 65 miles southwest of Charlotte via US-74, a small city defined by its authentic Piedmont character, working industrial heritage, and a residential landscape offering exceptional value in the foothills of the Blue Ridge. The architectural stock blends late Victorian and Craftsman-era bungalows in the established downtown residential neighborhoods with mid-century brick ranches and newer construction on the city's expanding suburban streets. The revitalizing Downtown Forest City corridor along West Main Street anchors the community's commercial identity, while Isothermal Community College provides an educational and cultural anchor for the broader Rutherford County region. Lake Lure and Chimney Rock State Park. two of Western North Carolina's premier outdoor destinations, are within 30 minutes via scenic US-74A, making 28043 a compelling base for outdoor recreation enthusiasts. The 28043 real estate market delivers some of the most accessible price points in the greater Western Piedmont region, with substantial historic homes and newer construction available at values that remain highly competitive compared to Charlotte's suburban markets.
Property Features
Property Description
- Year Built: 1990
- New Construction: No
- MLS #: 4419291
Association
- HOA Required: No
Construction Materials
- Foundation: None
Foundation Details
- None
Road
- Road Responsibility: Publicly Maintained RoadPrivate Maintained Road
- Road Surface Type: Dirt, Gravel, Paved
Location
Similar homes nearby
LISTING COURTESY OF: LESLIE HORNE AND ASSOCIATES
leslie@lesliehorne.com
$340,000
Est. Payment: $1,748/mo
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Forest City, NC 28043
0
bedrooms
N/A
baths
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sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Leslie Horne and Associates
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.