2 Sherwood Park Drive in Swannanoa, NC 28778
Closed Price $1,073,333
Attention investors! Premier 21 unit mobile home park and 2 stick built homes, located 10min from downtown asheville, minutes from I-40, just off of US Hwy 70. Current potential rental income is $168,000. Owner has meticulously maintained financials. Municipal water/sewer with all utilities separately metered and paid by tenants. There is a history of high occupancy and current leases are well documented. Owner will consider selling the park as a pad-only park and retain ownership of the mobile homes and the 2 stick-built homes would convey with the property. Purchase price for this transaction would be $1,078,500. See Youtube video, rent roll, P&L, proforma, and mobile home inventory list in attachments. Owner has another 24 unit park with a triplex located .8 miles away and selling for $1,594,000. Search it as 6 East Top Dr.
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Directions: U.S. Highway 70 east to Swannanoa. Left onto Sherwood Road at Art Space Charter School to right onto Sherwood Park Drive.
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Located between Asheville and Black Mountain along Interstate 40, the Swannanoa community is full of rich mountain history. The area is named for the Swannanoa River that runs through the region and which was once a lifeline for settlers in the valley. Today, Swannanoa is growing quickly alongside other mountain communities.
Quick Link: Swannanoa Homes and Land For Sale
Swannanoa enjoys proximity to nearby mountain vistas, rivers, and trails. The community of more than 4,500 residents breathes with mountain energy. Minutes from a plethora of natural or urban attractions (in Black Mountain and Asheville), Swannanoa is attracting first-time homebuyers and retirees alike.
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BUYING PROPERTY IN SWANNANOA
Beverly-Hanks has an office conveniently located in nearby downtown Asheville. If you're searching for homes and land in Swannanoa, our expert real estate agents are available to help. Your Beverly-Hanks & Associates REALTOR® is backed by an outstanding support staff and committed to the highest standards of customer service.
Find the homes in Swannanoa that allow you to Live the Life You Choose. Click below to search Swannanoa neighborhood real estate for your ideal listings.
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SWANNANOA REAL ESTATE IS ALL ABOUT LOCATION:
Swannanoa offers many amenities nearby or within minutes, including public, private, and charter schools; an extensive county library system; access to state-of-the-art medical facilities, including Mission Hospital, the largest in the region; and innumerable shopping, entertainment, and dining options. Swannanoa is also conveniently located near the Pisgah National Forest, as well as near the Blue Ridge Parkway, a sightseer's and cyclist's haven.
Black Mountain: 11 minutes
Montreat: 16 minutes
Downtown Asheville: 17 minutes
Old Fort: 18 minutes
Fairview: 19 minutes
Asheville Regional Airport: 27 minutes
Bat Cave: 37 minutes
ABOUT BUNCOMBE COUNTY, NC:
Asheville is the largest city in Western North Carolina, but surrounding towns and neighborhoods in Buncombe County like Swannanoa offer small-town flair and varied amenities. The four-season temperate climate with average snowfall of only 13 inches makes year-round living easy. Average elevation is 2,165 feet above sea level with surrounding mountain elevations of up to 6,685 feet at Mount Mitchell, the highest peak east of the Mississippi River. Because of this broad range of elevations and corresponding climates and plant growth, the area is one of the most biodiverse in the United States and the world.
SWANNANOA TAX RATES (2017):
Tax rates are per $100 of assessed valuation.
Swannanoa: $ 0.6680
SEE WHAT'S HAPPENING IN SWANNANOA
Swannanoa is an active historic community. Read about recent news, events, and real estate market updates for the area on the Beverly-Hanks blog.