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33711950
33711937

3 Locations

JD
SC 108545, GA 401832
Aline Capital
AW
SC 120614
Aline Capital
Listed by Aline Capital
$2,600,000
9 days on market
Updated 8 days ago

Sylva, NC MHC Portfolio

Details
APN 7641-87-4415, 7641-87-2290, 7642-31-9942, 7651-18-6639, 7651-18-5603
Property Type Mobile Home Park
Sub Type Mobile Home Park
Units 63
Cap Rate 9.57%
NOI $248,897
Tenancy Multi
Broker Co-Op False
Class B
Buildings 3
Acreage 7.000
Investment Type Value Add

Mobile Home Park | 63 Pads | $41,270/pad

Marketing description

Aline Capital's MHRV team is pleased to announce the exclusive opportunity to acquire the Sylva MHP Portfolio, a prime investment opportunity featuring three distinct properties: Hill Top MHP, Clayton St MHP, and East Wood Mobile Home Park. With a total of 63 units across these locations. Each property offers a mix of pad and park-owned homes, complete with city utilities or well water and city sewer access. Positioned in the sought-after Sylva area, these properties promise a lucrative investment with existing infrastructure, established rental income, and significant growth opportunities.

Discover the charming town of Sylva, NC, where outdoor enthusiasts and investors alike find an ideal balance. Nestled in the heart of the verdant Great Smoky Mountains, the Sylva MH Portfolio offers a harmonious blend of scenic beauty and investment potential. Boasting proximity to Western Carolina University, this thriving town enjoys a vibrant cultural scene, quaint downtown district, and an array of dining and entertainment options. Outdoor recreational opportunities abound, with nearby access to hiking, mountain biking, and fishing. Investors seeking a multifamily or mobile home park venture will appreciate the strong rental market and growing demand for housing in this captivating locale.

Investment highlights

Access all Due diligence materials here: https://www.alinecapital.com/properties/?propertyId=1646705-sale

Hilltop MHC

  • 26 pads
    • 24 POH
    • 2 TOH
  • Well Water
  • City Sewer

Clayton Street MHP

  • 10 pads
  • 10 POH
  • 3 stick built homes
  • City water & City sewer
    • master metere

Eastwood MHC

  • 24 pads
    • 24 POH
  • Well Water
  • City sewer

Listing Contacts

JD
SC 108545, GA 401832
Aline Capital
AW
SC 120614
Aline Capital
Listed by Aline Capital

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$248,897.00
$20,741.42/mo

Valuation Metrics

0
DSCR
9.57%
Cap Rate
9.57%
ROI

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