Laurelwood Park

Fantastic offering of a manufactured home park built out with POHs to maximize income/NOI in a high cost living area. Professional MHP developer/operator moved from California to rebuild this park over the last few years. Significant investment capital has been poured into this redevelopment effort. Owner cannot keep up with demand. 54 lots currently built out, the remaining 10 lots will be leased out with renovated homes (5) or new homes (5) and is included in the contract/asking price. Sitting on a mountainside along I-40, site is just minutes from Pisgah National Forest to the east and 20 minutes to the west is Asheville and all the sites and culture it affords.