Contact Information
Eric Carlsen
ReGen Properties
Mobile Home Park Details
- Price: $550,000
- Purchase Method: Cash, Seller Financing, New Loan
- Property ID: 2114297
- Posted On: Mar 7, 2023
- Updated On: Mar 7, 2023
Property Description
Tiny Home Village in Western NC between Asheville, Greenville/Spartanburg, and Charlotte.
This is a former Mobile Home Park that was recently approved for 15 tiny homes. Property total of 10 acres with a creek. Have started grading and clearing.
The park is offering lot spaces only (tenants bring their own home), but could easily put in park owned homes for additional income. Planning to have electric and city water metered individually. High speed internet already on the street. outside of city limits, but minutes to city amenities in the foothills.
Working with Duke Energy on underground electric installation. Hope to be open late March and will continue to move people in throughout the spring and early summer.
Owner would consider selling now for $550K (with about $200K of work needed by the new owner to complete Phase 1). After Phase 1 is finished and it is filled, will be asking $850K.
Phase 2 should allow approximately 15-25 more homes. Rough estimate says 250K in additional construction costs for Phase 2, and the value of the park overall would be conservatively, about 1.5M when completed.
Park Information
Community Type: | All Age |
Total Occupancy: | 0.0 % |
Year Built: | 2023 |
Size: | 10 acre(s) |
Lot Information
Park Model Lots: | 15 |
RV Information
Number of RV Lots: | 15 |
Average RV Lot Rent: | $475 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 0 |