99999 Goode Drive

99999 Goode Drive, Mills River, NC

$500,000

Price

99,999 sqft

Building Size

3.63 acres

Lot Area

Overview
Building Size
99,999 sqft
Lot Area
3.63 acres
Units
99,999
Description

Excellent re-development opportunity! +/-3.63 acres in one of the hottest areas of Mills River, 500 ft from Mills River's busiest intersection where 280/191 Boylston Hwy intersects with Haywood Rd. The traffic count at this at this location is >29,000 vehicles per day, and has ~185 ft of road frontage on Boylston Hwy. This can be a re-development project to utilize the excellent location for retail/industrial purposes, or it can produce passive income, as currently this property is operating as a mobile home park with 12 pads. Seven of the pads are occupied with tenant owned homes that are paying lot-rent only. Expenses are minimal, and the in-park manager takes care of lawn maintenance. Tenants pay their own utilities and trash collection. Lot rents are below market, and 5 of the pads are vacant, so there is value-add opportunity. The park has well and septic, but municipal utilities can easily be tapped in to.

Excellent re-development opportunity! +/-3.63 acres in one of the hottest areas of Mills River, 500 ft from Mills River's busiest intersection where 280/191 Boylston Hwy intersects with Haywood Rd. The traffic count at this at this location is >29,000 vehicles per day, and has ~185 ft of road frontage on Boylston Hwy. This can be a re-development project to utilize the excellent location for retail/industrial purposes, or it can produce passive income, as currently this property is operating as a mobile home park with 12 pads. Seven of the pads are occupied with tenant owned homes that are paying lot-rent only. Expenses are minimal, and the in-park manager takes care of lawn maintenance. Tenants pay their own utilities and trash collection. Lot rents are below market, and 5 of the pads are vacant, so there is value-add opportunity. The park has well and septic, but municipal utilities can easily be tapped in to.

Cable Available,Electricity Available,Septic Tank,Telephone On-Site,Well

Documents

Location