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2140 W Us Highway 64, Lexington, NC, 27295

--beds
--baths
0sqft
$550,000
--price/sqft
$3,483/moest. monthly cost
$139,320/yrincome needed

About This Home

Mobile Home Park for Sale – “As Is” Investment Opportunity This property features 8 total pads, including 6 park-owned homes and 2 vacant lots, providing immediate income with room to expand. In addition, the sale includes a 3-bedroom single-family home, creating an additional revenue stream or on-site management option. This property offers strong value-add potential through lease optimization, infill of the two vacant lots, and operational efficiencies. Property Highlights: 8 total mobile home lots 6 park-owned homes included 2 vacant pads ready for infill 3-bedroom house included in sale Offered As-Is Call listing agent for showings. Ideal for investors looking to expand their portfolio with a small-to-mid-size park that offers both current income and upside opportunity.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

5/10
Reeds ElementaryGrades PK-51.6 mi
5/10
Tyro MiddleGrades 6-84.6 mi
4/10
West Davidson HighGrades 9-124.5 mi

Construction

Condition

  • Year built: 1955

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: Other

Property

Details

  • Parcel number: 1801100000058
  • Zoning: RA3
  • Special condition: Owner Sale

Features

  • Pool features: None

Lot

  • Lot size: 2.41 Acres
  • Lot size dimensions: 298 x 201 x 328 x 358

Parking

  • Parking features: Assigned,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Davidson County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$199$2,388
Property Taxes $303$3,636
Electricity $200$2,405
Total$3,483$41,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,417/yr
40% on housing$104,490/yr
45% on housing$92,880/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27295$143
Davidson County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27295$168
Davidson County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-27Listed for sale$550,000
2025-04-01Listing removed$385,000
2024-11-13Listed for sale$385,000

For Sale by Agent

AgentDanny Kirkman Jr.
BrokerageHome Star Realty

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