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Marion · Marion, NC

14 Calhoun Drive

Marion, NC · 1,000 sqft

$225,000

Reduced from $300,000

  • 1Beds
  • 1.5Baths
  • 1,000SqFt
  • 1994Year
  • 34Days on market

About this home

INVESTOR OPPORTUNITY! Bring your vision and unlock the potential of this 9-lot mobile home park located in Marion, NC. Being sold AS-IS, this property offers an excellent opportunity for investors looking to renovate, expand, or build a steady income-producing property.

The park currently includes 3 existing mobile homes that will convey with the sale and are in need of significant repairs. There are also 4 lots that are currently leased for land only, providing immediate rental income, plus 2 additional vacant lots ready for future tenants or new homes. The property is serviced by 5 septic systems and one shared well. NO RESTRICTIONS!

Whether you're looking to restore the existing homes, add additional units, or grow your investment portfolio, this property offers endless possibilities. Conveniently located just minutes from downtown Marion, this is a rare chance to own and develop your own mobile home park. Buyer to verify all information during due diligence.

Property details

Beds
1
Baths
1.5
SqFt
1,000
Lot
Year built
1994
Type
Single Family
Days on market
34
Heating
None
Cooling
N/A
Foundation
Other - See Remarks

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$1,627/ month

Principal & interest
$1,393
Property tax (~0.90%)
$168
Homeowners insurance
$65
HOA dues

Down payment

$11,250 down · $213,750 financed

Income to qualify (28% rule)

~$69,765 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.