Leicester Multifamily Investment
537 Old Newfound Road Leicester, NC 28748
537 Old Newfound Road, Leicester, NC, 28748
$445,000
For Sale
$445,000
MULTI_FAMILY - Leicester, NC
Lot Size2.13 Acres
Days on Market107
Property Features for 537 Old Newfound Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- OU
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 7, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 1, Bedroom 9, Bedroom 6
- Parking features
- Driveway
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 8790-93-2639-00000
- Lot size
- 2.13 Acres
Taxes and HOA fees
- Tax Description
- DEED DATE:01/03/2019 DEED:5733-0986 PLAT:0170-0118
Utilities
- Heating system
- Heat Pump (Heating)
- Water source
- Well
Building Details
- Year built
- 1991
- Number of units
- 4
- Building materials
- Metal, Vinyl
- Roof type
- Shingle
Listing Agency
RE/MAX Executive
(828) 670-1500
56 Central Avenue, Suite 101, Charlotte, NC
Listed by
Shawn Lynch · License #269212
(828) 772-5402
Added: Apr 2 Checked: Jul 17 at 1:06 pm
MLS# 4363729
Listing URL
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property presents an opportunity for investors to revitalize an existing mobile home park. The site includes one double-wide unit and three older single-wide units, with the potential for additional spots. The double-wide unit features its own separate well and a three-bedroom septic system and well. The three single-wide units are connected to a nine-bedroom septic system. Multiple wells are located on the property, but the main well and system require maintenance. While all units need renovation, the foundational infrastructure of the park is in place. The property is zoned OU and has a lot size of 2.13 acres. The property is located in Leicester, North Carolina, in Buncombe County.
Key Highlights
- Investment opportunity to revive an existing mobile home park.
- Includes one double‑wide unit with its own well and 3‑bedroom septic system.
- Three single‑wide units are present and connected to a 9‑bedroom septic system.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Revive existing mobile home park with potential for expansion.
Where is this mobile home & rv park located?
The property is located at 537 Old Newfound Road Leicester, NC.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Investment opportunity to revive an existing mobile home park.; Includes one double‑wide unit with its own well and **3‑bedroom septic system**.; Three single‑wide units are present and connected to a **9‑bedroom septic system**.
