109 Sheets Park Lane, Mount Airy, NC 27030 | MLS #1222532 | Tyler Redhead & McAlister
Tyler Redhead & McAlister

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Listing provided courtesy of eXp RealtyMLS# 1222532MLS Provider
  • 18 days on site
  • 1 views

Sheets Park MHP — 18 pads / 13 TOH / 5 POH. Septic + well. Stable in-place cashflow. Price: $750,000 Going-in: ~8.2% cap on seller-reported 2025 NOI (~$61,500). Upside: In-place rents appear under market — mark-to-market drives meaningful yield expansion Convert the 3 POH to lease-to-own to shed operational drag 15 TOH base = sticky cashflow, low management touch. Rural park, limited new MHP supply in the submarket. Stabilized-plus-upside story for an operator who can push rents and execute LTO conversions. T-12/24 and rent roll on request.

Source: Triad MLS, MLS#: 1222532

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  • Property Type
    Residential Income
  • Lot
    2.60 acres

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Tyler Redhead & McAlister

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  • Median Age
    46
  • Population Density
    206
  • College Educated
    27%
  • Estimated Median Income
    $37,922
  • Estimated Total Home Owners
    10,410
  • Estimated Total Renters
    4,627
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    2
  • Total Population
    35,421
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/11/2026Source: Triad MLS Added to Database
June 11, 2026
12/19/2022Source: Triad MLS Status Change
Closed
10/12/2022Source: Triad MLS Status Change
Pending
9/13/2022Source: Triad MLS Status Change
Due Diligence Period
9/8/2022Source: Triad MLS Added to Database
September 08, 2022
6/20/2022Source: Triad MLS Added to Database
August 13, 2021