With 6.4 acres and mountain views, this property is a bucolic retreat along the Pigeon River with 750'+ of riverfront and open fields. All while generating below-market income from a 12 unit, fully occupied, mobile home park at an 8% Cap Rate.

Since the mobile home park occupies approx. 2.5 acres, there is ample room to increase the property's revenue potential. The park can be expanded, RV pads can be added and the property would be a perfect site for vacation rentals.

Just 2 minutes from I40 in Waynesville, NC the property is a gateway to the Smokey Mountains, Hiking, hunting, Fishing, Restaurants, Arts, Golf, Skiing and Breweries.

5 minutes to Lake Junaluska; 12 minutes to Waynesville; 25 minutes to Asheville
Original Listing