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40 McIlwain RoadAsheville, NC 28806MLS Number 3491475

  • Price: $574,900The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.6% last updated on 2019-08-15

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 1977Year Built
  • 9999Square Feet

Mobile Home Park on auto-pilot! 9-unit mobile home park in fantastic location. Near Bent Creek River Park, Blue Ridge Parkway, NC Arboretum and Asheville Outlets. Rents automatically drafted. Reliable handyman in place and happy to continue working with new owners. Over $60k NOI being offered at a 10.43% Cap Rate. Ability to raise the NOI to over $70k See also MLS # 3491464

Listed by Keith Prescott of Keller Williams Professionals

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Basic Information

  • StatusACT
  • ListingTypeExclusive Right
  • Property TypeMulti-Family
  • Property Sub TypeOther
  • List Price$574,900
  • Broker NameKeller Williams Professionals
  • ListingBoardIDLand of The Sky Association of Realtors
  • MLS Number3491475


  • Number of Photos9
  • DatePhoto2019-04-02T10:57:48


  • Building Number40
  • StreetMcIlwain Road
  • MailingCityAsheville
  • StateOrProvinceNC
  • Zip28806
  • CountyBuncombe
  • DirectionsExit 33 off of I-26 take Highway 191/ Brevard Road south, just past Discount Shoes, to right onto McIlwain Road. Property on left.
  • ElementarySchoolUnspecified
  • Junior HighUnspecified
  • High SchoolUnspecified


  • Year Built1977
  • ConstructionTypeManufactured
  • NumberOfUnitsTotal9
  • Square Feet9999


  • HeatingElectric Hot Air
  • WaterCity Water
  • SewerSeptic Installed


  • VOWAddrYN1
  • Modification Date07/24/2019
  • View Count8
West Asheville Real Estate

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West Asheville Real Estate
51 Watauga Street - Unit D
Asheville NC, 28801

Office: 828.215.4200

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