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    159 Connaheta Ave Andrews, NC 28901

    New
    For Sale
    $199,800

    Commercial - ANDREWS, NC

    Property size:
    2,452 SF
    Lot size:
    0.62 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 159 Connaheta Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Single Family
    Exterior features
    Other
    Size
    2,452 SF
    Lot size
    0.62 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    2001
    Flooring type
    Carpet, Vinyl
    Building materials
    Other
    Roof type
    Aluminum
    Architectural style
    Other

    Olde Town Brokers (404) 217-2724 [email protected]

    Listing agent Old Town Team (828) 321-5516

    Listing date Dec 1, 2025

    MLS# 154227 Listing URL

    Copyright © 2025 Mountain Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Andrews NC Manufactured Home Subdivision

    This manufactured home subdivision is located in Andrews, North Carolina, in a peaceful Appalachian mountain setting. The property is minutes from downtown Andrews and its amenities, 100 miles west of Asheville, NC, and 125 miles northeast of Atlanta, GA. Andrews is experiencing a period of growth, making this stabilized park ideal for long-term housing investors. The property consists of 3 lots with park-owned mobile homes and one 24x24 storage building. Two of the homes were manufactured in 2001, and the other is older. All three homes have been upgraded to insulated roof panels for energy efficiency. The current arrangement is month-to-month, rent-only. At 100% occupancy, tenants pay $2550.00 per month, and the storage building rents for $300.00 per month, totaling $2850.00 monthly or $34500.00 annually. Tenants are responsible for power, water, and internet. The privately maintained driveways are paved/gravel and in average condition. The property is being offered as a stabilized investment, with roughly an 15%+ CAP at full occupancy and with all properties rented based on current rent rates. The lot size is 0.62 acres, and the property size is 2452 square feet. The zoning is Single Family.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Andrews
    County
    Cherokee
    State
    North Carolina
    Longitude
    -83.8298104
    Latitude
    35.1958417

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    FAQs

    What type of property is this?
    Mobile home & RV park - Manufactured home subdivision in Andrews, North Carolina, ideal for investors.
    Where is this mobile home & rv park located?
    The property is located at 159 Connaheta Ave Andrews, NC.
    What is the asking price?
    The asking price for this property is $199,800.
    What are key features of this property?
    This property features: - Stabilized investment property boasting roughly 15%+ CAP rate at full occupancy based on current rent rates.; - Strong income potential: Expect $34,500 annual income at 100% occupancy.; - Located in Andrews, NC, an area undergoing strong growth.
    (828) 321-5516
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    Andrews, NC 28901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    159 Connaheta Ave Andrews, NC 28901
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