Contact Information
Henry Watkins
Mobile Home Park Details
- Price: $3,000,000
- Property ID: 1499856
- Posted On: Aug 20, 2021
- Updated On: Aug 20, 2021
Property Description
Oak Valley Mobile Home Park
Nestled in the Beautiful Mountains of Western North Carolina in Buncombe County, is this once in a lifetime opportunity. This mobile home park is conveniently located just 10 minutes from Downtown Asheville and Black Mountain. It has 5 acres with 9 mobile home lots, all of which will accommodate a double wide. There are 3 mobile homes and 2 houses that will sell with the park, as well as a large shop building. There are too many extras to list with this property. The park is fully rented at this time with an annual income of $87000. The owner is over 70 yo and wishes to retire. Nothing to do but move into the newly built ranch style house with 2 car garage and start collecting rent. Serious Inquiries Only and NO REALTORS!
Contact Henry at (828) 691-5319.
$3,000,000.
Location
Warren Wilson College road Swannanoa NC, 28778.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 9 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1999 |
| Average MH Lot Rent: | $500 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income | $87,000 |
| Operating Expense | $7,000 |
| Net Operating Income | $80,000 |
| Expense Ratio | 8.0 % |
| Debt Info | 0 |
Lot Information
| Doublewide Lots: | 9 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $1,150 |