Investor Alert!!! Possible subdivision opportunity with good upside. Multiple parcel listing located south of Flat Rock’s Kenmure Country Club and golf course on scenic Greenville Hwy. Easy access to Hendersonville and I-26. Excellent buy-and-hold investment with 8.5% cap rate, good cash flow, and additional upside rent potential. Or, buyer lives no-cost while tenants pay MTI. Three well-maintained 3+2 manufactured homes on full foundations, plus one 3-bay 1,500 s.f. office and warehouse commercial building with mixed-use potential. All four buildings have tenants with great rental history. This property is a combination of two parcel IDs, 9975845 and 9975844, and comprises three total acres (per Henderson County Tax Dept.; buyer to verify). Also listed under two separate MLS numbers: 3418654 and 3418548.
RE/MAX Mountain Living.
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Listing information last updated on August 24th, 2019 at 6:13pm EDT.