20 THREE OAKS LN Sylva NC 28779-6924

What an opportunity! A total of 6 units on this property in the desired Webster Community and less than 4 miles from WCU and 3 miles to Sylva. This well-maintained home is a 2/2 with a full walk out basement. The home provides main floor living with wood flooring. The other 5 units currently rent month to month with no owner responsibility other than mowing, general maintenance, water and sewer (well and septic). The tenant hauls trash and maintains their own utilities. The mobile home units have newer metal roofs and skirting. Upside potential with very limited options for lease on site built homes and all of the mobile homes are currently leased well below market rates. Vacant area of land (approximate .35 acre) that is on grade and would make a good self storage site or wrecker storage site that could create further revenue source. Proforma available upon request.

Value Add Opportunity

Rents well below market rates

.33+/- acre area that is pad ready and would make a great self storage/RV/Boat Storage development