166 Saunook Rd Waynesville, NC 28786
This exceptional investment opportunity presents a six-unit RV park situated on a 1.7-acre lot in Waynesville, North Carolina. The property, located at 166 Saunook Rd, features a mix of mobile homes, including one site-built home (1 bedroom, 1 bath), one 3-bedroom, 2-bathroom mobile home, one 2-bedroom, 2-bathroom mobile home, and three 2-bedroom, 1-bathroom mobile homes. The total square footage is 5,126, with an asking price of $650,000 ($126.80 per square foot). Built in 1930, the park boasts a cozy and well-maintained atmosphere, complete with a small pond and stream. Each unit enjoys paved access and comfortable spacing. Five additional storage units are included. The property is equipped with an updated private well featuring a filter system, and each home has its own septic system. Long-term tenants contribute to consistent income. Conveniently located within 10 minutes of major retailers like Walmart and Ingles, this family-friendly park offers a strong return on investment. The property's APN is 7694-53-7806. Showings are by appointment only. No drive-bys permitted.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.