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Manufactured Housing Community
For Sale
$1,300,000

37 Hicks Lake Drive, Hendersonville, NC 28739

Nine all-park-owned manufactured home sites with leased occupancy, expansion metered sites, and community amenities on well-and-septic infrastructure.

Property SizeContact for details
Lot Size5.63 Acres
Days on Market56

Property Features for 37 Hicks Lake Drive

General Information

Standard status Active
Lot size 5.63 Acres
Property subtype Commercial
Occupancy 89%

Additional Details

Business Included Yes

Building Details

Year Built 1995
Tenancy Multi
Listing Agency: REALTY ONE GROUP PIVOT ASHEVILLE
Listed By: MONICA ROUSSEAU · License #288295
Source: Corcoran
Added: Jun 18 Changed: Aug 11 Last Checked: Aug 12 at 6:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP PIVOT ASHEVILLE

Investment Insights

Based on property information with market context.

Hicks Lake Mobile Home Park is a nine-unit, all-park-owned manufactured housing community on 5.63 acres located just off Crab Creek Road in the Hendersonville-Brevard corridor. Eight of the nine units are currently leased, and additional metered sites are available for potential expansion beyond the existing homes. The property also includes a barn with a garage, a lean-to, and an upper-level office space with plumbing rough-in, which could support a community rec room or serve as an operational base for new ownership.

Community amenities include a pond with dock, a gazebo, and a pavilion. Two community wells serve the park, while most units rely on individual septic systems. Ongoing capital improvements are in progress, including a new septic installation currently underway.

For prospective buyers, this is an opportunity to acquire a manufactured housing park with a mix of existing leased units and additional metered sites for growth. The presence of shared water service, primarily individual septic systems, and a functional ancillary building with office rough-in provides practical flexibility for owner operations and community use. Rent roll and lease terms are available upon request.

Key Highlights

  • 9‑unit, all‑park‑owned manufactured housing community on 5.63 acres in the Hendersonville–Brevard corridor
  • Eight units currently leased; additional metered sites available for expansion beyond the current 9 units
  • Two community wells serve the park; most units use individual septic systems

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply Real Estate Agency Cafe & Coffee Shop Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

88.9%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 28739, NC

21,251
Population
11,083
Households
1.9
Avg Household Size
54
Median Age
44%
College-Educated
94%
High-School Grad
61.0 sq mi
ZIP Area
348
Density / Sq Mi
$70,464
Median Household Income
$35,934
Median Earnings
$995
Median Rent
$358,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Nine all-park-owned manufactured home sites with leased occupancy, expansion metered sites, and community amenities on well-and-septic infrastructure.
Where is this mobile home & rv park located?
The property is located at 37 Hicks Lake Drive Hendersonville, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 9‑unit, all‑park‑owned manufactured housing community on 5.63 acres in the Hendersonville–Brevard corridor; Eight units currently leased; additional metered sites available for expansion beyond the current 9 units; Two community wells serve the park; most units use individual septic systems
More about this property
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