3799 S Hwy 150 Highway, Lexington, NC 27295
- $1,550,000
Listing courtesy of Premier Real Estate Team Inc.. nate@brinkcommercial.com
Sold listing courtesy of Premier Real Estate Team Inc.
- Sold Price
- $1,550,000
- List Price
- $1,900,000
- MLS#
- 4289661
- Status
- CLOSED
- Days on Market
- 161
- Property Type
- Commercial Sale
- Year Built
- 1985
- Closing Date
- Jan 15, 2026
- Lot Size
- 981,406
- Lot Size Area
- 22.53
- County
- Davidson
- Special Conditions
- None
Property Description
Premier Real Estate Team presents West Park Trailer Park, a ±50-pad mobile home community in Lexington, NC. Appraised at $2.6M (July 2024) and now offered at $1.9M for a quick close, this is a true value-add opportunity with multiple levers for growth. Highlights: •39 developed pads + 11 approved expansion pads (municipal approvals in place, infrastructure budgeted) •23 park-owned homes — many recently acquired and ready for repositioning or resale •Individually metered utilities streamline future operations •Strong upside via rent increases, home sales, and infill/expansion Location: Located near the Piedmont Triad near Winston-Salem, High Point, and Greensboro, a region experiencing job growth and high demand for affordable housing. Terms: •$2.4M seller financing with $800K down •Or $1.9M all-cash, quick close July 2024 appraisal available with signed CA. Property listed under Commercial and Residential Multi-family see MLS ID: 4289661 & 4290068
Additional Information
- Water
- Public, Tap Fee Required
- Sewer
- Septic Installed, Septic Needed
- Driveway
- Gravel
- Zoning
- RM1
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