Tag: Residential Income

Posted on 04/26/2024
Another Property Sold - 14 Sweet Pea Drive, Alexander, NC 28701
This is an incredible investment opportunity! This MH park includes an unoccupied 2/2 mobile an occupied 2/2 mobile and an abandoned mobile home conversion. There are three rented lots with tenant owned units and a vacant lot that is not rented. Currently the rents are considerably under market, the seller wishes for 6 month leases at current rates to be signed for the current tenants. In conservative speculation, not including any potential income from the abandoned home this park could cash flow at $3,800 a month. That's $1,100 monthly per each park owned 2/2 and $400 monthly for each lot. This property could easily deliver a...
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Posted on 07/09/2022
Another Property Sold - 2 Kaitlyn Road, Weaverville, NC 28787
Income producing rental property only 15 minutes to downtown Asheville. Add this to your portfolio and purchase at a 7% cap rate with a net operating income of over $50,000. Total of 8.31 acres with 515 ft of road frontage to rolling acreage, two access roads that lead to 7 manufactured homes and 2 site built homes spaced 1/2-3/4 acre per home. The roads are Kaitlyn Road and Thunder Road that provides access to the homes. Two community wells service the homes and owner represents each have their own septic systems. Age of homes range from 1985 - 2001 and vary in condition with some in need of a complete remodel. Produce income right away...
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Posted on 04/27/2022
2 Kaitlyn Road, Weaverville, NC 28787 is now new to the market!
Income producing rental property only 15 minutes to downtown Asheville. Add this to your portfolio and purchase at a 7% cap rate with a net operating income of over $50,000. Total of 8.31 acres with 515 ft of road frontage to rolling acreage, two access roads that lead to 7 manufactured homes and 2 site built homes spaced 1/2-3/4 acre per home. The roads are Kaitlyn Road and Thunder Road that provides access to the homes. Two community wells service the homes and owner represents each have their own septic systems. Age of homes range from 1985 - 2001 and vary in condition with some in need of a complete remodel. Produce income right away...
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Posted on 02/25/2022
Another Property Sold - 543 & 543 1/2 Bailey Road, Asheville, NC 28806
Seller say sell it now! Cash, as-is $199,500 Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to town, on a quiet dead-end...
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Posted on 11/03/2021
Video Tour - 2295 Skyway Drive, Marshall, NC 28753
Open up your restaurant in 30 days!! All parts in place for a wildy successful business with full commercial kitchen, indoor seating capacity for 50+, 2 ADA bathrooms and parking for 30+ vehicles. Concrete patio offers 608 sq ft of outdoor dining space complete with picnic tables and umbrellas. Tables, Grease Trap, Supresion Hood, wash bin sink and prep sink all in place and included. Ideal location in a high traffic cooridor with high visibility that includes Ingles, Madison High School, Family Dollar, NAPA Auto Parts and Madison county government offices. 2 miles from Main street downtown Marshall. Perfect topography for concerts with...
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Posted on 11/03/2021
2295 Skyway Drive, Marshall, NC 28753 is now new to the market!
Open up your restaurant in 30 days!! All parts in place for a wildy successful business with full commercial kitchen, indoor seating capacity for 50+, 2 ADA bathrooms and parking for 30+ vehicles. Concrete patio offers 608 sq ft of outdoor dining space complete with picnic tables and umbrellas. Tables, Grease Trap, Supresion Hood, wash bin sink and prep sink all in place and included. Ideal location in a high traffic cooridor with high visibility that includes Ingles, Madison High School, Family Dollar, NAPA Auto Parts and Madison county government offices. 2 miles from Main street downtown Marshall. Perfect topography for concerts with...
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Posted on 10/23/2021
543 & 543 1/2 Bailey Road, Asheville, NC 28806 now has a new price of $199,500!
Seller say sell it now! Cash, as-is $199,500 Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to town, on a quiet dead-end...
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Posted on 09/27/2021
543 & 543 1/2 Bailey Road, Asheville, NC 28806 now has a new price of $200,000!
Seller say sell it now! Cash, as-is $200,000 Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to town, on a quiet dead-end...
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Posted on 07/31/2021
543 & 543 1/2 Bailey Road, Asheville, NC 28806 now has a new price of $229,000!
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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Posted on 03/09/2021
543 & 543 1/2 Bailey Road, Asheville, NC 28806 now has a new price of $249,000!
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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Posted on 03/08/2021
Video Tour - 543 & 543 1/2 Bailey Road, Asheville, NC 28806
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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Posted on 03/04/2021
Video Tour - 543 & 543 1/2 Bailey Road, Asheville, NC 28806
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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