Price Reduced! Discover the income-producing potential of 3686 Cook Rd W, Valdese, NC! Situated on approximately 2.44 acres, this established 5-unit mobile home park offers immediate rental income along with exciting possibilities for future growth. Each of the five units features 2 bedrooms and 1 bathroom, with an average monthly rent of approximately $750 per unit—providing an estimated $3,750 in gross monthly rental income at full occupancy. Each unit is separately metered for water and electricity, helping simplify utility management for the property owner. The property is currently configured with two units per septic system. What really sets this investment apart is the potential for expansion. Approximately half of the 2.44-acre property remains undeveloped, creating the possibility for additional units or other future development, subject to county approvals, zoning, septic capacity, and other applicable requirements. Whether you're looking to add an established income-producing property to your portfolio or searching for an investment with room to grow, 3686 Cook Rd W offers both current cash flow and future potential. 5 Rental Units • 2 BR / 1 BA Each • Approx. 2.44 Acres • Separately Metered Utilities • Approx. $3,750 Gross Monthly Rent at Full Occupancy • Potential for Additional Development
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Valdese is located in North Carolina. Valdese, North Carolina has a population of 4,647. Valdese is more family-centric than the surrounding county with 28.5% of the households containing married families with children. The county average for households married with children is 25.01%.
The median household income in Valdese, North Carolina is $63,068. The median household income for the surrounding county is $48,142 compared to the national median of $69,021. The median age of people living in Valdese is 46.7 years.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 47.5 inches per year, with 5.6 inches of snow per year.
