Seller's Agent in 2024
Zach Penland
NextHome Partners
(828) 772-9622
1 in this area
73 Total Sales
14 Sweet Pea Dr Alexander, NC 28701
3
Beds
7
Baths
1,272
Sq Ft
2.43
Acres
Highlights
- Mountain View
- Wooded Lot
- Living Room
- North Buncombe Middle Rated A-
- Front Porch
- Laundry Room
About This Home
As of April 2024This 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 return well past the 1% rule.
Last Agent to Sell the Property
NextHome Partners Brokerage Email: zach@dwellavl.com License #329299 Listed on: 11/03/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2020
Lot Details
- Level Lot
- Wooded Lot
Parking
- Driveway
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,272 Sq Ft Home
- Living Room
- Mountain Views
- Crawl Space
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 7 Full Bathrooms
Outdoor Features
- Shed
- Outbuilding
- Front Porch
Utilities
- Heat Pump System
- Shared Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for management, sewer, trash collection, water
- Assessor Parcel Number 9722-38-5436-00000
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $326,000 | +8.7% | $256 / Sq Ft |
| 11/07/2023 11/07/23 | Pending | -- | -- | -- |
| 11/03/2023 11/03/23 | For Sale | $300,000 | -- | $236 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $283,500 | $82,600 | $200,900 |
| 2024 | -- | $192,800 | $40,800 | $152,000 |
| 2023 | $334 | $165,200 | $40,800 | $124,400 |
| 2022 | $1,090 | $165,200 | $0 | $0 |
| 2021 | $314 | $165,200 | $0 | $0 |
| 2020 | $1,275 | $154,000 | $0 | $0 |
| 2019 | $1,248 | $154,000 | $0 | $0 |
| 2018 | $1,197 | $151,800 | $0 | $0 |
| 2017 | $397 | $94,800 | $0 | $0 |
| 2016 | $1,102 | $94,800 | $0 | $0 |
| 2015 | $1,103 | $94,800 | $0 | $0 |
| 2014 | $1,144 | $94,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Zach Penland
-
Karen Svites
Buyer's Agent in 2024
Karen Svites
Karen Svites Realty Inc.
(828) 273-6462
10 in this area
55 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4084708
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