PRICE IMPROVEMENT! Great investment cash flow opportunity with upside potential! 10 lot mobile home community in Buncombe County in high occupancy area. Less than 1 mile from I 40 entrance and less than 1/2 mile to grocery. This community consists of 3 lot rent tenants, 1 vacant lot and 6 park owned homes. Community is on one master water meter. Please do not disturb tenants. No drive throughs. Listing agent is a member of the selling entity. Property is in flood plain.
9.6 acres +/- of CS Zoned property with an R2 Buffer at the top of the property in Swannanoa with frontage on Highway 70 approximately 6 Miles from downtown Asheville. Sewer line installation to Highway 70 frontage approved and to be completed by the end of 2023. Within 1 mile of the I 40 Interstate connector as well as 2 miles from shopping/groceries. Great location with zoning in place for a 50,000sf +/- manufacturing/industrial building as well as multi-family, SFR, medical, and other commercial uses. CS Zoning is one of Buncombe County's most permissive. The property slopes up from the road and is south facing with great long range views of the surrounding mountains. Water available at Highway 70.
Don't miss this high quality MHP with a beautiful setting and a stable tenant base! Mature white oaks & established landscaping create a special environment for residents. Value-add touches have been included at the 11 sites, including carports, decks, & storage sheds. The owner's 2016 home, features 2 X 6 construction, maple cabinets, ipe decking, large lot & fenced-in yard. The original home place is move in ready with new roof, HVAC system, replacement windows, & hardwood floors. Four (4) well-maintained park owned mobile homes 1) 2000 Goldwing Clayton doublewide, 2) 2000 14 X 72 Norris 3) 2001 14 X 52 mobile home 4) 1999 Clayton doublewide all with excellent rental history. Six other sites each pay $500 per month in lot rent. Rent out the sizable workshop built in 2000 to a tradesman or use for equipment or workshop. City water & individual septics serve each unit. See attachments for rent roll, expenses, more information. Some owner financing available! Truly a beautiful setting.
Located between Asheville and Black Mountain 460 Old US 70 includes five level acres and a 2,500+ square foot lodge that has served the Swannanoa Valley since 1962. There is over 1000 feet of both road frontage and frontage on the Swannanoa River. The lodge contains meeting area, office space and a kitchen for special events. Storage runs along the back of the building. This unique property has been used as a community gathering place for years and is waiting for the next owners to come in and take advantage of the location, river frontage, and flat land. Continue to use it as a gathering place, build some unique new housing units, or a new commercial development. Property is located within the Zone AE Floodway with a portion in the Flood Hazard Area. Sewer and Natural Gas available.
+/- acre property nearby two recent (60, 95 units) multifamily developments in Swannanoa, NC. Property is located 15-20 minutes from downtown Asheville. This potential affordable housing development site is located outside the city limits of Asheville. Sewer line runs along small stream in front of the two houses. No value placed on houses. Houses have month to month tenants according to the owner. Property is +/- 1 mile from I-40 (AADT of +/- 50,000) and +/- 10 minutes from the VA hospital, the Blue Ridge Parkway and John B Lewis soccer fields. This section of US 70 has AADT of +/- 11,000. Please note that the property has a sewer easement along Franklin Rd.
Commercial property on busy US 70 in the heart of a growing Swannanoa community. Only minutes to downtown Asheville or Black Mountain. A great location convenient to Warren Wilson and Montreat Colleges. Duplex: One house with two Apartments. One upper and one lower. The upper apartment is a 2 bed/1 bath and the lower apartment is a 1 bed/1 bath. Lower apartment has a ceiling height just under seven feet. The upper apartment is on a monthly lease and the lower in the initial term. Both with HAP assistance. Tenants are veterans and would like to stay if possible. Please DO NOT DISTURB tenants. Showings may be limited and will require notice due to tenants. Please give 24hr notice for interior view of property. An additional building on the back side of property is currently used as an auto garage by the owner. So, there is no rental history on the garage. The Garage has sewer connected , but water is not. Property needs some updates. Home Inspection in attachments and upon request.
Swannanoa is located in North Carolina. Swannanoa, North Carolina has a population of 4,675. Swannanoa is more family-centric than the surrounding county with 41.57% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Swannanoa, North Carolina is $37,989. The median household income for the surrounding county is $48,464 compared to the national median of $57,652. The median age of people living in Swannanoa is 37.3 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 48.9 inches per year, with 7.3 inches of snow per year.