Blue Ridge Parkway View

Potential Tiny Homer Community Near Blue Ridge Parkway in Boone, NC

This Trailer Park, just outside of Boone, NC sits on 5 acres and has 20 pads, with extra undevelped acreage available for 8-10 more pads. It is obviously poorly run and is occupied at apprx. 50%. The park is adjacent to the city limits of Boone, NC. The neighborhood is mixed use, middle class and well kept. There is a small municiple airport across the street and a golf course just around the corner. It’s 10 min from old town Boone. 

With 20 pads, worth between 10K-15k per pad the value would be between $200,000 – $300,000 in addition to 1- 2 acres of raw land less the 50% occupancy rate– 

Current Gross $20,000

Potential Gross $70,000

Zoning is correct for a mobile home park. 

County water boarders the property

 

Current owners are two elderly relatives who live next to the park on a separate parcel.