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Sold on 04/25/2024

14 Sweet Pea Dr, Alexander, NC 28701

  • $298,529

    Last sold 04/25/2024 for $326K

  • 3

    bed

  • 7

    bath

  • 1,272

    Sqft ($256/Sqft)

Multi-family not for sale
Movoto is helping 8 homebuyers near you

About 14 Sweet Pea Dr

Property type Multi-family
Year built 2020
HOA fee $0/month
Lot size 2.43 Acre
Movoto estimate
Property description
This is an incredible investment opportunity! This MH park includes an unoccupied 2/2 mobile an occupied 2/2 mobile and an abandoned mobile home conversion. There are three rented lots with tenant owned units and a vacant lot that is not rented. Currently the rents are considerably under market, the seller wishes for 6 month leases at current rates to be signed for the current tenants. In conservative speculation, not including any potential income from the abandoned home this park could cash flow at $3,800 a month. That's $1,100 monthly per each park owned 2/2 and $400 monthly for each lot. This property could easily deliver a return well past the 1% rule.
Listed by
Listing Agent - Zach Penland
Listing Agent Contact: Zach@dwellavl.com
Listing Office - Dwell Realty Group
Source: Canopy MLS mls logo
MLS#4084708 • last updated 2 years ago
Movoto checked Canopy MLS for data 17 minutes ago
Overview
Cooling/AC Heat Pump
Heating Heat Pump
SubType Portfolio
MLS # 4084708
Status Closed
SqFt 1272
Interior
# Full Baths 7
Total # of Bedrooms 3
Flooring Carpet, Vinyl
Appliances Other
Exterior
Foundation Basement, Crawl Space, Pillar/Post/Pier
Roof Composition
Construction Manufactured, Vinyl
Parking Driveway
Lot Desc Level, Rolling Slope, Wooded, Views
Patio/ Porch Front Porch
Other Structures Outbuilding, Shed(s)
Amenities / Utilities
Sewer/ Septic Septic Installed
Water Source Shared Well
Utilities Cable Available
Horse Amenities None
Location
View Mountain(s), Winter
County Buncombe
Subdivision None
Middle School Unspecified
Elementary School Unspecified
High School Unspecified
APN 9722-38-5436-00000
Multifamily Details
Tenant Pays Electricity
Owner Pays Management, Sewer, Trash Collection, Water
Total # of Units 3
Lot/ Land Details
Development Status Completed
Road Responsibility Private Maintained Road
Road Surface Type Gravel
$298K
Range: $268K-$328K
Last 30 days 
Powered By Movoto
  • Apr 2024
    MLS # 4084708
  • Apr 25, 2024 Sold
    $326,000 (+8.7%)
  • Nov 7, 2023 Pending
    —
  • Nov 3, 2023 Listed
    $300,000
  • 14 Sweet Pea Dr
    $326K
  • —
  • 28701
    $529K +10% y/y
  • Alexander
    $529K +9% y/y
No chart available
Statistics calculated by Movoto

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8/10
North Buncombe Elementary
public Grades PK, K-4
Buncombe County Schools
6/10
North Buncombe High
public Grades PK, 9-12
Buncombe County Schools
5/10
North Windy Ridge
public Grades 5-6
Buncombe County Schools
8/10
North Buncombe Middle
public Grades 7-8
Buncombe County Schools
Source: GreatSchools.org © 2026. All rights reserved.

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