0 Beds

n/a Full bath

300 SqFt

Pending

Investor Alert. Well-established income producing MHP 3 mins to I-26, 8 mins to DT H'ville. Add this to your portfolio and purchase at a 9% cap rate w annual income over 240K (based on 2022 #s). Total 62 pads: 48 homes, most with written month-to-month leases in place. 11 lot rents with written leases in place. Most residents are long-term tenants. See brochure for approx 2022 financials (to be verified by buyer). On site office/warehouse. Most equipment/supplies convey (some exceptions). Security cameras, outdoor lighting, new apt-style mailboxes. Public water/sewer. Majority of property located in ETJ, only county taxes. Excellent income with upside through renovation, utility metering and moving rents to market. Seller is licensed NC broker.

Property Details
Price $2,500,000
Lot Size Area 7.75
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Multi-Family
Exterior Features Workshop, Other
Year Built 1976
Heating Wall Unit(s), None
Foundation Block
Lot Description Pond(s), Private, Creek/Stream
Laundry Features None
Parking Description On Street
Geographic Data
Directions From H'ville: Hwy 64 East to R on Howard Gap Rd. To L on Sunset Hill Rd. To L onto Ducks Walk Trail. See signs for Conner Creek MHP at entrance off Sunset Hill Rd.
County Henderson
Latitude 35.346281
Longitude -82.425394
Address Information
Address 20 Ducks Walk Trail, Hendersonville, NC 28792
Postal Code 28792
City Hendersonville
State NC
Country United States
Listing Information
Listing Office Relocate828 LLC
Listing Office Phone 833-736-8828
Listing Agent Anna Conner
Listing Agent Phone 828-779-9802
Special listing conditions None
School Information
Elementary School Sugarloaf
Middle School Apple Valley
High School East Henderson
MLS Information
Days on market 1
MLS Status Pending
Listing Date Jan 2, 2023
Listing Last Modified Jan 3, 2023
Tax ID 9973637
MLS # CAR3931336

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This information is believed to be accurate, but without any warranty.