B & B Mobile Home Park

• Seller Financing Not Available – Seller is looking to be completely removed from the asset upon sale.
• 17-Space Community with Built-In Expansion Upside – Opportunity to add an additional 8 lots by extending utilities, offering a clear path to nearly 50% more income-producing sites
• 100% Park-Owned Homes with Significant Rent Upside – All POHs currently renting at $600–$700/month, well below area market rents averaging $810–$950 for 1-bedroom and $863–$1,001 for 2-bedroom apartment units, providing immediate organic upside through rent increases
• Rent-to-Own Conversion Opportunity – Homes can be sold off to tenants via RTO programs, allowing a new owner to transition toward a lower-maintenance, tenant-owned home model while recapturing home value and reducing repair expenses
• City Water & Septic – Public water in place with no well infrastructure to maintain, simplifying operations and reducing capital exposure
• Not Located in a Flood Zone – Favorable insurance profile and no flood-related risk or lender complications
• Turnkey Operations with Staff in Place – Existing maintenance staff willing to stay on for the new owner, ensuring a seamless ownership transition
• Strategic Western NC Location – Situated in Rutherfordton, just 1 hour from Asheville and 1.5 hours from Charlotte, benefiting from spillover demand in one of the Southeast’s fastest-growing corridors