Green Mountain MHC

Marcus & Millichap is pleased to present Green Mountain MHC.​ Located in the beautiful Appalachian Mountains, Green Mountain MHC provides an investor the opportunity to continue to increase rental rates by 40% as well as expand the number of pads.​ Growth within the market is being supported by its’ proximity to Hickory, a diverse and growing economy just south of Lenoir.​

Comprised of 26 pads that are all lot rent spaces, the asset also includes one stick-built home and an on-site apartment.​ There is a tremendous opportunity to develop the rest of this approved asset and take advantage of a growing market.​ The park is serviced by sub-metered city water and septic tanks.​ Development of this asset will allow for Northwest views of the mountain premier lots within the Hickory-Lenoir Markets.​

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  Consistent cashflow from Lot Rent homes with minimal maintenance and management

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  Opportunity for development of up to 65 lots just outside of the desirable Appalachian Mountains

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  Close proximity to Blowing Rock, Hickory and Lenoir Downtowns

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  Asset elevation contours allow for large, desirable lots