Contact Information

Mobile Home Park Details

  • Price: $1,594,000
  • Purchase Method: Cash
  • Property ID: 1104634
  • Posted on Jul 9, 2019

Property Description

Attention investors! Premier 24 unit mobile home park and an on-site triplex located 10min from downtown Asheville, minutes from I-40, just off of US Hwy 70. Current potential rental income is $184,800. Owner has meticulously maintained financials. Municipal water/sewer with all utilities separately metered and paid by tenants. There is a history of high occupancy and current leases are well documented. Owner will consider selling the park as a pad-only park and retain ownership of the mobile homes and the triplex would convey with the property. Purchase price for this transaction would be $1,279,000. See Youtube video, rent roll, P&L, proforma, and mobile home inventory list in attachments. Owner has another 21 unit park with 2 stick-built homes located .8 miles away and selling for $1,450,800. Search it as 2 Sherwood Park Dr

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Park Information

Community Type: All Age
Number of MH Lots: 27
Total Occupancy: 100.0 %
Average MH Lot Rent: $570
Size: 3.2 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Video

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