Mobile Home Park Details

  • Listing ID: 12968
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

Very nice Park only ten minutes to downtown Asheville. Located in county with city water and sewer, tenants pay their own water/sewer. Paved streets, street lights, each site individually metered. 50 Pad Park (no room for expansion) with 18 Park owned Singlewide homes on 8.13 acres +/-, only 10 yrs. old and designed for 80 ft. homes. Pad rent recently increased to $200 month. Park owned homes are $600 month with two homes at $550 each (five of the homes are rent to own). 17 of the Park owned homes are 1993 and newer models. Park maintains 100% occupancy. EXPENSES: Insurance $1,400 yr. +/-, Taxes $5,200 yr. +/-, Electric $700 yr. +/-, Garbage $3,240 yr. +/-. Seller is the Park Manager and also maintains the lawn. Gross yearly income approximately $216,000 +/. ONE OF THE NICER PARKS IN THE ASHEVILLE AREA !!!!!

Location

Exit 44 from I-40 S. on 19/23 to Candler. Turn left at Kubota Tractor dealership, Park will be the second Mobile Home Park on your left, Indian Creek.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 50
Total Occupancy: 0.0 %
Average MH Lot Rent: $200
Size: 8 acre(s)

Park-Owned Homes

Number of Park-owned Homes: 18
Average Rent for Park-owned Homes: $600