20 Ducks Walk TrailHendersonville, North Carolina NC28792-3286
Investor Alert. Well-established income producing MHP 3 mins to I-26, 8 mins to DT H'ville. Add this to your portfolio and purchase at a 9% cap rate w annual income over 240K (based on 2022 #s). Total 62 pads: 48 homes, most with written month-to-month leases in place. 11 lot rents with written leases in place. Most residents are long-term tenants. See brochure for approx 2022 financials (to be verified by buyer). On site office/warehouse. Most equipment/supplies convey (some exceptions). Security cameras, outdoor lighting, new apt-style mailboxes. Public water/sewer. Majority of property located in ETJ, only county taxes. Excellent income with upside through renovation, utility metering and moving rents to market. Seller is licensed NC broker.
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