99999 Goode Drive in Mills River, NC 28759
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$500,000
Community: Mills River in Henderson County
Excellent re-development opportunity! +/-3.63 acres in one of the hottest areas of Mills River, 500 ft from Mills River's busiest intersection where 280/191 Boylston Hwy intersects with Haywood Rd. The traffic count at this at this location is >29,000 vehicles per day, and has ~185 ft of road frontage on Boylston Hwy. This can be a re-development project to utilize the excellent location for retail/industrial purposes, or it can produce passive income, as currently this property is operating as a mobile home park with 12 pads. Seven of the pads are occupied with tenant owned homes that are paying lot-rent only. Expenses are minimal, and the in-park manager takes care of lawn maintenance. Tenants pay their own utilities and trash collection. Lot rents are below market, and 5 of the pads are vacant, so there is value-add opportunity. The park has well and septic, but municipal utilities can easily be tapped in to.
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Directions: Travelling south from Airport Rd, continue on down 280/191 and 500 ft before the intersection of Haywood Rd, turn L onto Goode Dr. Travelling north from Brevard, just after the intersection of Haywood Rd, turn R onto Goode Dr.
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