Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 523023
- Posted On: May 22, 2015
- Updated On: Dec 7, 2015
Description
58 LOT LEASES...Sweet deal with 12 guaranteed Lot rents received in one check like clockwork on the 1st of every month! from previous Owner or His Assignee. Excellent location, only minutes from the Interstate and only 15 minutes to Downtown Asheville. Well established community of long term tenants and huge demand for Affordable Housing! Low rents, room to grow from a real 11 cap rate and beyond. Call Listing Broker for more details...
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Park Information
Community Type: | All Age |
Number of MH Lots: | 58 |
Total Occupancy: | 88.0 % |
Year Built: | 1970 |
Average MH Lot Rent: | $242 |
Size: | 13 acre(s) |