For Sale
$1,350,000

111 Elm Tree LnCanton, NC 28716

Profitable RV & Mobile Home Park, Riverfront Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a thriving 12-acre RV and mobile home park situated on the river in Canton, North Carolina. The property comprises three parcels and includes nine RV pads, each generating $700 in monthly revenue. Four mobile homes are currently rented, three at $1000 per month and one at $1800 per month. A charming 1940s-built house adds to the income stream, renting for $2200 monthly. Additional amenities include a barn, hay field, and chicken house. The park is serviced by a well with a 2500-gallon holding tank and a septic system. There's significant potential for expansion with space for five additional RV or mobile home pads. The property is located in a partial flood plain. Note that the property is classified as Class B and is considered a value-add investment. The seller is open to considering partial owner financing with a suitable offer. This is a rare chance to acquire a well-established, income-producing property with considerable upside potential. The asking price is $1,350,000.

Highlights

  • Thriving 12-acre RV and mobile home park in Canton, NC, on the river.
  • Nine RV pads generating $700/month each, plus four mobile homes (three at $1000/month, one at $1800/month), and a house renting for $2200/month.
  • Includes barn, hay field, and chicken house. Serviced by well and septic.
  • Potential for five additional RV/mobile home pads. Located in a partial flood plain.
  • Class B property; value-add investment; seller may consider partial owner financing; asking price $1,350,000.

Property Details for 111 Elm Tree Ln

Property type
Mobile home & RV parks
Class
B
Buildings
2
Units
5

Location Insight

City
Canton
County
Haywood
State
North Carolina
Latitude
35.457986247677
Longitude
-82.864492635624
111 Elm Tree Ln, Canton, North Carolina

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111 Elm Tree Ln
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