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87 Monticello RoadWeaverville, NC 28787MLS Number 3405091

  • Price: $1,200,000The price has recently decreased
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 4.6% last updated on 2018-09-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 23Bathroom
  • 9632Square Feet
  • 8.5Acreage
  • 1982Year Built

Ideal investment opportunity located on 8.5 acres in a convenient location of Weaverville, just 15 minutes north of Asheville! Profitable mobile home park offers a mixture of park-owned and leased homesites totaling 16 mobiles, one spacious doublewide, one updated brick rancher with full finished basement, and older bungalow that has been studded and ready for rehab! So much potential for the savvy investor. Currently at a 7+% cap rate and all tenants on a month to month lease, the opportunities are endless. With minor improvements, gross income could increase significantly; with a county zoning variance, re-development is a real possibility (public water and sewer nearby); Updated brick rancher is currently owners quarters, but could be easily converted to rent-able duplex; Charming older bungalow offers gracious mountain views and is ready for your spacious rehab! Minutes to local shopping and dining on level acreage with no mountain roads to deal with! Paved access. A must see!

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  • Parking Spaces24


  • Year Built1982
  • ConstructionTypeManufactured, Site Built
  • Units19
  • Square Feet9632
  • Bathroom23
  • BathsTotal23


  • RoofComposition Shingle, Metal


  • CoolingIndividually Metered


  • Modification Date08/14/2018
  • View Count10

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • Broker IDNCM30600
  • Property TypeCommercial
  • Property Sub TypeManufactured Home Park
  • List Price$1,200,000
  • Broker NameCarolina Mountain Sales
  • ListingBoardIDAsheville Board of Realtors
  • MLS Number3405091


  • Building Number87
  • StreetMonticello
  • TownWeaverville
  • StateNC
  • Zip28787
  • CountyBuncombe
  • Access FeaturesCounty Road, Paved Road, Privately Maintained Rd.


  • Acreage8.5
  • VOW1


  • HeatingElectric, Other, Propane


  • Number of Photos32
  • DatePhoto2018-07-07T00:11:10

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

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