Manufactured Home Park at 162 Lancaster Road, Forest City
Manufactured Home Park at 162 Lancaster Road, Forest City, photo 2 of 24
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24 photos

$340,000

162 Lancaster Road
Forest City, NC 28043
Listed by Leslie Horne · Leslie Horne and Associates
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1990

About this home

Fantastic investment opportunity with strong income potential and room to expand! Situated on approximately 10.12 acres, this mobile home park offers 24 total lots, creating an excellent opportunity for an investor looking to grow a rental portfolio or increase future cash flow. Currently, four lots are tenant-occupied with the mobile homes privately owned by the tenants. Tenants are responsible for their own electric service, helping keep owner operating responsibilities streamlined. With additional lots available, the property offers substantial upside for future occupancy and rental income. This is a rare chance to acquire an established mobile home park with existing tenants, significant additional lot capacity, and multiple avenues for future growth. Mobile homes are privately owned and are not included in the sale. Buyer to verify all information, permitted uses, utility availability, and requirements for additional occupancy.

Property details

MLS
Canopy MLS
MLS #
CAR4419291
Property type
Manufactured Home Park
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 2, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Forrest W. Hunt Elementary School
1.02 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
369
Student:teacher ratio
14.2:1
District
Rutherford County Schools
Middle
Chase Middle School
2.87 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
517
Student:teacher ratio
14.0:1
District
Rutherford County Schools
High
Chase High School
4.2 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
673
Student:teacher ratio
14.0:1
District
Rutherford County Schools

Walkability

Blended score for Forest City's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

33
Car-dependent
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
18 / 100
Restaurants & cafes1
Grocery stores0
Parks1
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Forest City, from live MLS data.

On the market 0 days -- 161 fewer days than Forest City's current average of 161 days.
For reference, the median list price across 137 active listings in Forest City right now is $235,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,198/mo
$68,000 down
$272,000 loan
Principal & interest$1,764
Property tax (est.)$283
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.