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Off Market
1/7

77 Jr Ln
Candler, NC 28715


HIGHLIGHTS

  • Ideal Asheville Location
  • Rental Upside
  • Low Operating Overhead

OVERVIEW

Capstone Manufactured Housing is pleased to present Cherry Valley Mobile Home Park. Ideally situated in the robust Asheville MSA, this park benefits from the market’s strong economic development and a perfect 100% occupancy. Additionally, the park has implemented a partial utility recapture program, creating a reliable and supplemental stream of revenue going forward. The property also features strong rental upside, with rents currently 5% below the market average.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Cherry Valley Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

26400

STORIES

1

YEAR BUILT

1998

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

9606-39-6041-00000