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2853 Chimney Rock Rd - 6 Unit RV Park and Home with Rental Income

87,020 SF Specialty Building Offered at $890,000 at a 8% Cap Rate in Hendersonville, NC 28792

Investment Highlights

  • Excellent location close to I-26, downtown Hendersonville, and shopping
  • LC Zoning, allowing for future higher density development potential
  • Stable and predictable income stream
  • Large Home and 6 RV Spots

Executive Summary

Prime opportunity to own a low to no maintenance 8%CAP RV Park with large home in an excellent location with solid rental income! The Oasis Premier RV Park is only a short distance from shopping, I-26, and downtown Hendersonville. The community offers six $700 a month RV sites on month to month leases, and a +-2200 sf residential home on a long term lease at $2300 a month on over 2 high and dry level acres. The rental house features a coffered ceiling, spacious rooms, hardwood flooring, gas fireplace, LR & primary bedroom on main, and a lot of potential. Small garage which has recently seen some updates. RV sites access septic dump station and have underground electric and water to each site with Wi-Fi access. The property is supplied by well water, yet city water is available along Chimney Rock Rd/US64. Zoned LC (local commercial district), which allows for higher density and or redevelopment. Offered as is with leases in place and a predictable income stream. Don't miss this unique opportunity for a solid investment in a fantastic up and coming area!

Property Facts

Price $890,000
Price Per SF $10
Sale Type Investment
Cap Rate 8%
Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class C
Lot Size 2.14 AC
Building Size 87,020 SF
No. Stories 2
Year Built 1939

zoning

Zoning Code LC (Local Commercial)
LC (Local Commercial)
  • Listing ID: 31494772

  • Date on Market: 4/12/2024

  • Last Updated:

  • Address: 2853 Chimney Rock Rd, Hendersonville, NC 28792

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