87 Monticello RoadWeaverville, NC 28787MLS Number 3405091

  • Price: $899,000
$/month over payments
Federal 30-year interest rate: 4.85% last updated on Oct 18, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 6.52Acreage
  • 1982Year Built
  • 4788Square Feet
  • 20Parking Spaces

Driving Directions

PORTION OF PIN-Tract 3 on new survey - Ideal investment opportunity located on 6.52 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 home sites totaling 16 mobiles and so much potential for the savvy investor. Currently operating at an 8% cap rate, with minor improvements, gross income could increase significantly; with a county zoning variance, re-development is a real possibility (public water and sewer nearby); 30' Right of Way in place with potential to purchase in conjunction with adjacent property offering 161' road frontage, 0.89 level acres and 1 older bungalow for rehab or tear down (Tract 2-see listing agents for details). Perfectly situated on level acreage with no mountain roads & paved access. Minutes to local shopping, two miles to downtown Weaverville and less than ten miles to Asheville.

Listed by Cain Cox of Carolina Mountain Sales

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More Info


  • Parking Spaces20


  • Year Built1982
  • ConstructionTypeManufactured
  • Units16
  • Square Feet4788


  • Acreage6.52
  • VOW1


  • HeatingElectric, Other

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • Broker IDNCM30600
  • Property TypeCommercial
  • Property Sub TypeManufactured Home Park
  • List Price$899,000
  • Broker NameCarolina Mountain Sales
  • ListingBoardIDAsheville Board of Realtors
  • MLS Number3405091


  • Modification Date09/26/2018
  • View Count1


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


  • RoofComposition Shingle


  • CoolingN/A


  • Number of Photos10
  • DatePhoto2018-09-26T16:19:22
Cottonwood Properties
Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain, NC 28711
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