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3 Ruby Rose Ln Candler, NC 28715

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For Sale
$395,000

2+ acre mobile home park with income potential.

Property Features for 3 Ruby Rose Ln

General Information

Standard status
Active

Building Details

Year built
1980

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Listing Contact
John Fisher
John Fisher
Source: Corcoran

Listing Agency: CENTURY 21 MOUNTAIN LIFESTYLES Listing Agent: John Fisher

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mobile Home Park Investment Opportunity

This mobile home park, situated off Smokey Park Highway and conveniently located near I-40 at Exit 44 near Home Depot, presents an investment opportunity. The property spans over 2 acres and includes four park-owned homes with long-term tenants and one vacant space. The property benefits from city water and separate septic tanks. The property has an established rental history and electric. There are currently three units renting at $875 each, and one unit renting at $1,175. The vacant space could potentially be leased for $400. After accounting for annual expenses of $12,000, the Net Operating Income (NOI) is $35,750. The property has no Home Owners Association (HOA) fees or additional dues.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Skin Care Clinic Accounting Firm

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

Location Insight

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City
Candler
County
Buncombe
State
North Carolina
Longitude
-82.6596984
Latitude
35.5702912

FAQs

What type of property is this?
Mobile home & RV park - 2+ acre mobile home park with income potential.
Where is this mobile home & rv park located?
The property is located at 3 Ruby Rose Ln Candler, NC.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: - High NOI: $35,750 after $12,000 in annual expenses.; - Established Mobile Home Park: Includes four park-owned homes with long-term tenants and one vacant space.; - Convenient Location: Off Smokey Park Highway, near I-40 (Exit 44) and Home Depot.
More about this property
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