Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0% (Actual)
- Listing ID: 6977654
- Posted On: Sep 25, 2025
- Updated On: Oct 22, 2025
Description
Located in the beautiful blue ridge mountains of WNC . This unique property consists of 3 single wides, 1 double wide , 10 rv sites, and an 4 bedroom and 1 bath house. Also on the property is a large barn and an old chicken house that could possibly be converted to storage. The entire property is on 11 acres - with 500 feet of river frontage. Each site has a 3 bedroom septic with underground electrical. Conveniently located between Canton , Waynesville, and 30 minutes west of Asheville.
(828)-734-5525
Location
Canton, N.C.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 3 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $1,000 |
| Size: | 11 acre(s) |
Financial Information (Actual)
| Gross Income: | $157,200 |
| Operating Expense: | $7,200 |
| Net Operating Income: | $150,000 |
| Expense Ratio: | 4.6 % |
Lot Information
| Singlewide Lots: | 3 |
| Doublewide Lots: | 1 |
RV Information
| Number of RV Lots: | 10 |
| Average RV Lot Rent: | $700 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $1,550 |
