Courtesy of: Angelia Peterson, Asheworth Group WNC Real Estate LLC, lakelureproperties@gmail.com
Courtesy of: Angelia Peterson, Asheworth Group WNC Real Estate LLC, lakelureproperties@gmail.com
$150,000
|
7.00 Bath (7 Full)
|
|
Other
|
$150,000
150 Golden Oaks Lane 4 Manufactured Homes - Investment Opportunity- Addresses are 150, 197, 201, and 202 Golden Oaks Lane, Ellenboro Golden Oaks Community (Land Lease)- Land is not included. Purchase includes four (4) manufactured homes located in Golden Oaks Community, a land lease community owned by FG Communities. Three homes are currently income-producing, with one recently renovated and ready for occupancy, offering immediate upside potential. Property Breakdown: 150 Golden Oaks 1994 Horton Doublewide | 3BR / 2BA Title in hand Month-to-month tenant (long-term, strong payment history) Rent: $1, 000/month 197 Golden Oaks 1997 Oakwood Singlewide | 3BR / 2BA Title in hand Tenant in place (lease) Rent: $1, 100/month 201 Golden Oaks Renovated Singlewide | 2BR / 1BA Updated kitchen, bath, flooring, and paint Bill of sale only (no title) Currently vacant Projected Rent: $800-$900/month 202 Golden Oaks 1995 Oakwood Singlewide | 2BR / 2BA Title in hand Month-to-month tenant Rent: $950/month (includes water) Utilities & Maintenance: Tenants reimburse water (bill remains in owner's name) Tenants responsible for yard maintenance and general upkeep Land Lease: $330/month per home ($1, 320 total/month) Homes may remain in place (application for lease for land must be completed) for continued income or be relocated to your own land. Income Summary: Current Income (3 units occupied): $3, 050/month | $36, 600/year Stabilized Income (all 4 units rented): $3, 850-$3, 950/month | $46, 200-$47, 400/year Annual Lot Rent: $15, 840/year
Courtesy of: Angelia Peterson, Asheworth Group WNC Real Estate LLC, lakelureproperties@gmail.com
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.