Timbers Mobile Home Park

Hillsborough, North Carolina

Listed: $1,457,500

Sold: $1,500,000

Timbers MHP 5
Timbers MHP 1
Timbers MHP 4
Timbers MHP 2
Timbers MHP 3
Timbers MHP 6
Timbers MHP 7
Click image to enlarge

Timbers Mobile Home Park is a 89 space all-age lot-rental only community located in Hillsborough, North Carolina (Orange County), established in 1982. Timbers Mobile Home Park is an all lot rental community, with 57 lot rental homes and 32 vacant lots. City water and sewer are directly metered to residents and all sites have electric hookups. Current NOI is $144,434 and cap rate is 9.91%.

The unemployment rate in Hillsborough is 4.00 percent (U.S. avg. is 6.30%). Recent job growth is Positive. Hillsborough jobs have Increased by 1.64 percent. The median home cost in Hillsborough is $200,300. Home appreciation the last year has been 1.60 percent. Renters make up 40.23% of the Hillsborough population. Three bedroom home or apartment rents for an average of $1,133 (U.S. avg. is $1,289).

Quick Property Data

Taking your portfolio to new heights, together. McAnuff Group.

The McAnuff Group


Phone: (980) 938-4993

Fax:      (704) 949-2652

NC Lic #: 270402

GA Lic #: 358467

Connect with The McAnuff Group!

© 2019 by McAnuff Group & IDI Properties. All Rights Reserved for exclusive use of all contents/design.

Website & Marketing By: Goldfinch Empire   (210) 383-5097 © 2019 Blythe Chambers/Goldfinch Empire. All Rights Reserved.