Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 1359776
  • Posted On: Nov 24, 2020
  • Updated On: Mar 1, 2021

Property Description

Manufactured Home Community on city water and sewer - Offering includes 5 parcels with existing fully leased manufactured homes - PINS - 0609-76-7331, 0609-75-7225, 0609-75-6198, 0609-75-8286, and 0609-75-6160. In addition, there is a vacant lot (PIN 0609-75-8177) that an additional unit can be added for value add. Units are leased at an effective rental rate of $1,530 per month. Each unit has 4 bedrooms, 2 baths and is 1,560 square feet. All homes have been completely renovated including, all new HVAC, 4 new water heaters, new flooring, solid surface counter tops (quartz and granite), stainless steel appliances, barn doors and more. No investment needed to improve the units. Real property, easily self managed, all tenants have been thoroughly screened and have good payment history.
Contact listing agent for showings, do not disturb tenants.9


Black Mountain, NC

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Park Information

Community Type: All Age
Number of MH Lots: 6
Total Occupancy: 100.0 %
Year Built: 2006
Size: 2 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $18,360

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