Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1104636
- Posted On: Jul 9, 2019
- Updated On: Jul 6, 2020
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. 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.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 23 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $608 |
| Size: | 4 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Video
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