
Manufactured
Manufactured
๐ 7.1% Cap Rate
๐ณ Spacious 0.9 Acre Lot
๐ชต New LVP And Vinyl Flooring
๐งถ New Carpet
๐ณ GE Range
๐ฐ Immediate Rental Income
Excellent opportunity to own a refreshed and income-producing 3 Bedroom, 2 Bath manufactured home on a spacious 0.9 acre lot. Offering 1,512 sq. ft. of living space, this home was built in 1999 and has been updated twice in recent years – most recently in February 2025. Upgrades include new LVP and vinyl flooring (2021), new carpet (Feb 2025), and a GE range (Dec 2022), ensuring modern appeal and reduced near-term maintenance costs.
Currently tenant-occupied, the property provides immediate rental income and now achieves a 7.1% cap rate at the reduced price of $148,500. With current rents still below market value, investors will appreciate the upside potential for increased returns. Showings must be coordinated with the leasing office, and tenants require 48-hour notice. Available Monday through Friday between 10 AM and 4 PM. Additional financials available upon request – contact Jessica today for details or to schedule a showing. With steady cash flow, a prime 7.1% cap rate, and strong rental demand, this is a versatile investment or ownership opportunity in a growing market.
Excellent opportunity to own a refreshed and income-producing 3 Bedroom, 2 Bath manufactured home on a spacious 0.9 acre lot. Offering 1,512 sq. ft. of living space, this home was built in 1999 and has been updated twice in recent years – most recently in February 2025. Upgrades include new LVP and vinyl flooring (2021), new carpet (Feb 2025), and a GE range (Dec 2022), ensuring modern appeal and reduced near-term maintenance costs. Currently tenant-occupied, the property provides immediate rental income and now achieves a 7.1% cap rate at the reduced price of $148,500. With current rents still below market value, investors will appreciate the upside potential for increased returns. Showings must be coordinated with the leasing office, and tenants require 48-hour notice. Available Monday through Friday between 10 AM and 4 PM. Additional financials available upon request – contact Jessica today for details or to schedule a showing. With steady cash flow, a prime 7.1% cap rate, and strong rental demand, this is a versatile investment or ownership opportunity in a growing market.
Date
Status
Price
2025-10-16
Active
$148,500
2025-11-12
Under Contract
$148,500
2025-12-15
Sold
$129,000
Documents Source: Doorify MLS IDX Feed
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.


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141 Cardinal Lane
Henderson, NC 27537
141 Cardinal Lane
Henderson, NC 27537
$129,000
$129,000
Key Estates – Williamsboro Township – Vance County

141 Cardinal Ln
Henderson
3 br
1512 sqft
$129,000
TWP Williamsboro
CTY Vance
SUB Key Estates