Contact Information

Mobile Home Park Details

  • Price: $1,450,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1104636
  • Posted on Jul 9, 2019

Property Description

Attention investors! Premier 21 unit mobile home park and 2 stick built homes, located 10min from downtown Asheville, minutes from I-40, just off of US Hwy 70. Current potential rental income is $168,000. 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 2 stick-built homes would convey with the property. Purchase price for this transaction would be $1,078,500. See Youtube video, rent roll, P&L, proforma, and mobile home inventory list in attachments. Owner has another 24 unit park with a triplex located .8 miles away and selling for $1,594,000. Search it as 6 East Top Dr.

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Park Information

Community Type: All Age
Number of MH Lots: 23
Total Occupancy: 100.0 %
Average MH Lot Rent: $608
Size: 3.8 acre(s)

Utility Information

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

Video

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