13 Oconnell Trl Candler, NC 28715

Property Details for 13 Oconnell Trl

Year built

1975

Lot size

18.98 lot acres

Property size

2,988 SF

Property type

Commercial real estate

Description

This exceptional 18-lot mobile home park presents a compelling investment opportunity in the thriving Candler, NC market, just minutes from Asheville. Spanning 18.98 acres, the park boasts a 2,988 square foot main building and offers significant income potential. Sixteen lots operate under land lease agreements, with the tenants responsible for their electricity and lawn care. Two additional lots feature seller-owned manufactured homes. The seller maintains responsibility for water, septic, and road maintenance, minimizing operational burdens. The park's strategic location provides convenient access to shopping, schools, healthcare, and recreational amenities, ensuring high tenant demand and occupancy rates. This property is ideally suited for investors seeking a stable, income-generating asset in a rapidly growing area. The strong demand for affordable housing in the region makes this a particularly attractive investment, offering the potential for substantial long-term returns and portfolio diversification. The asking price is $1,200,000. This turnkey operation requires minimal management, making it an ideal investment for both experienced and first-time investors in the commercial real estate sector. The property's size and location offer significant upside potential for future expansion and increased profitability.

Location Insight

City

Candler

County

Buncombe

State

North Carolina

Longitude

-82.7151

Latitude

35.5256