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Income producing opportunity in an unincorporated section of the Western North Carolina Mountains. The property is configured as a mobile home park with 8 mobile home sites set up on 2 acres of cleared land. There are 2 shared wells and 4 septic tanks that support the existing sites and each one has it's own electric service. Currently 4 of the sites are leased, with the tenants owning the manu...
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15 Unit Mobile Home Park!! Plus 2 Homes for $905,000!!! 14.1% CCR and 77,652 NOI !!! 208 and 117 Tubbs Mountain Road, Travelers Rest, SC 29690 Purchase Price: $905,000 Cost per pad: $53,235 Building Class: C Location Class: C Investment Benefits ● NOI $77,652 ● 14.1% Cash on Cash Return ● 5 year ROI – 19.8% ● Turn Key Ready ● Large Equity ● 100% Fully Occuppied ● Even more possible value plays!...
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