Contact Information
Janis Moore
License: NC56513
Keller Williams - Hendersonville
Keller Williams - Hendersonville
Mobile Home Park Details
- Price: $529,900
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Property ID: 1606224
- Posted On: Feb 16, 2022
- Updated On: Feb 16, 2022
Property Description
Great location between Hendersonville and Brevard, NC near elementary school and shopping, library, clinics, hiking, Pisgah National Forest, etc. 4 unit mobile home park with great rental occupancy and income.
7% +or- Cap rate. Owners have updated and improved 2 of the older units and newer unit is a 2017 Clayton. Nice views, easy access. Individual city water meters, tenants pay water & electricity.
Location
Etowah is between Hendersonville and Brevard, NC. Etowah Elementary School, Ingles Grocery, Clinics, Library, Pisgah National Forest.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 4 |
Total Occupancy: | 100.0 % |
Year Built: | 19862017 |
Average MH Lot Rent: | $881 |
Size: | 1 acre(s) |
Financial Information
Gross Income | $42,300 |
Operating Expense | $3,000 |
Net Operating Income | $39,300 |
Expense Ratio | 7.1 % |
Debt Info |
Lot Information
Singlewide Lots: | 4 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 4 |
Average Rent for Park-owned Homes: | $880 |