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40 Kristie Lane

Pisgah Forest, NC 28768
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 202 Days
  • ID#: 3800425
Under Contract
UPDATED: 20 min ago
$725,000
  • 0
    BEDS
  • 7.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Manufactured Home
Built:
1980
County:

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%

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Based on information submitted to the MLS GRID as of 2022-05-24T07:33:11.27 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 IDEAL Realty 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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40 Kristie Lane Pisgah Forest, NC 28768

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 202 Days
  • Updated: 20 min ago
  • ID#: 3800425
0
Beds
0
Baths
0
½ Baths
7.23
Acres
1980
Built
County:
Transylvania
Area:
Pisgah Forest
Property 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%
Exterior Features

Construction Type Manufactured Road Responsibility Private Maintained Road Structure Type Manufactured Home Park

Property Features

CCRSubject To No Commercial Location Description Freestanding Complex Name Oakwood Mobilehome Park Flood Plain No Hoa Subject To None Inclusions BuildingLandLicenses Inside City YN No Listing Agreement Exclusive Right To Sell New Construction YN No Number Of Units Total 18 Possible Use Multi-Family Property Sub Type Commercial Property Sub Type Secondary Manufactured Home Park Restrictions None Restrictions Description None Special Listing Conditions None Sprinkler N/A Transaction Type For Sale Zoning Description 0U



Based on information submitted to the MLS GRID as of 2022-05-24T07:33:11.27 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 IDEAL Realty 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.

Digital Millennium Copyright Act
 
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IDEAL Realty
P.O. Box 5243
Mooresville NC, 28117
Offered by Jacob Lions, Broker. Copyright 2022 Canopy MLS. All rights reserved.