Listed by Realty One Group Pivot
$1,300,000
37 Hicks Lake Dr - Mobile Home Community
Details
Property Type Mobile Home Park
Sub Type Mobile Home Park
Units 9
Cap Rate 7.32%
Occupancy 89%
Class C
Acreage 5.630
37 Hicks Lake Dr, Hendersonville, NC 28739
Marketing description
For Sale
Investment highlights
Hicks Lake Mobile Home Park: 9-unit, all park-owned manufactured housing community currently managed by a professional property management company. 8 units are under active 1-year leases. Many of the tenants have been in park for years. Unit 1 | Leased | 2BR, Unit 2 | Leased | 2BR, Unit 5 | Leased | 2BR, Unit 8 | Leased | 2BR, Unit 10 | Leased | 3BR, Unit 11 | Lease | 3BR, Unit 12 | Remodel work in progress, Unit 14 | Leased | 3BR, Unit 15 | Leased | 3BR. Additional metered sites on property with no homes attached present expansion opportunity. Barn/Office on site. Park financials available upon request.
Listing Contacts
Listed by Realty One Group Pivot
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