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
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(919) 551-6515
For viewing, offers, and showing schedules.