87 Monticello RoadWeaverville, NC 28787MLS Number 3405091

  • Price: $1,200,000
$/month over payments
Federal 30-year interest rate: 4.53% last updated on Jul 12, 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.
  • 8.5Acreage
  • 23Bathroom
  • 1982Year Built
  • 9632Square Feet

Driving Directions

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 yearly lease (thru July), 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!

Listed by Cain Cox of Carolina Mountain Sales

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More Info


  • Parking Spaces24


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


  • RoofComposition Shingle, Metal


  • CoolingIndividually Metered


  • Modification Date07/16/2018

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
Cottonwood Properties
Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain, NC 28711
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