Description
18 Mobile Home Sites with Room to Expand! Minutes to Downtown Brevard, Music School, College, Pisgah Forest, Hiking and Biking Trails and All that Beautiful Transylvania County and Western NC have to offer. This Park offers a blend of Tenant and Park Owned Homes with room to raise rents to market and expand the Park and/or build affordable housing. The shortage of affordable housing and a huge demand for rentals throughout Western North Carolina positions this Park for a substantial Ad Value opportunity for Investors and Developers alike. The true Capitalization Rate is sitting right at a comfortable 10%
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0BEDS
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7.23ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Offered by Jacob Lions, Broker. Copyright 2022 Canopy MLS. All rights reserved.Description
18 Mobile Home Sites with Room to Expand! Minutes to Downtown Brevard, Music School, College, Pisgah Forest, Hiking and Biking Trails and All that Beautiful Transylvania County and Western NC have to offer. This Park offers a blend of Tenant and Park Owned Homes with room to raise rents to market and expand the Park and/or build affordable housing. The shortage of affordable housing and a huge demand for rentals throughout Western North Carolina positions this Park for a substantial Ad Value opportunity for Investors and Developers alike. The true Capitalization Rate is sitting right at a comfortable 10%
Based on information submitted to the MLS GRID as of 2022-05-25T12:33:47.063 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams South Park nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.
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