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Worthy Investment Properties

157 S Lexington Ave - Suite E
Asheville, NC 28801
 (919) 551-7715
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298 Riddle Rd, Swannanoa, NC 28778

0 Bedrooms / Single Family

Property Status:  For Sale | $200,000.00 (Wholesale) | 


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OFF-MARKET! 2-Acre Mobile Home Park with Huge Rent Potential – Act Now!


Property Status:
For Sale | $200,000.00 (Wholesale)

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Property Details:
Property Style:
Manufactured Home
Finished Sq. Ft:
87,120
Basement:
No Basement
Owner/Agent:
Wholesale

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Generate passive income with this high-potential mobile home park in Buncombe County!

Overview:
Located in Buncombe County, this 2-acre mobile home park offers stunning mountain views and strong cash flow potential. Zoned R-LD (Residential Low Density), this income-producing property features four total mobile home lots—three park-owned homes (POH) and one tenant-owned home (TOH).

With a private well water system and individual septic for each home, this property is self-sufficient and ready to generate revenue. The asphalt road is in functional but fair condition, providing easy access. Two POHs and the TOH are currently leased (verbal agreements), while one POH is vacant, offering immediate value-add potential.

Financial Upside:
HUD Rental Rate for 2-Bedroom Units in Buncombe County (2025): $1,512/month
Market Lot Rent for MHP in Buncombe County: $600/month
With demand for affordable housing soaring, this mobile home park presents a rare opportunity for investors looking to maximize rental income in a high-growth area. Just minutes from Asheville, this property is well-positioned for long-term appreciation and income stability.

Don’t miss out on this prime opportunity!

Lot Information:

Total lot Size: 2-acres
Zoning Code: R-LD (Residential Low Density)
Legal Lot Number: Parcel number 968958499900000

Utility Information:

Water Service: Private water service.
Sewer Service: Private sewer service.

Investment Highlights:

Condition: The property includes a mobile/manufactured home.
Utilities Ready: Both water and sewer services are private.

?STARTING OFFER PRICE: $200K

Call or text our team
(919) 551-6515

For viewing, offers, and showing schedules.



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.