$1,700,000
Est. Payment: $8,738/mo
Adjust down payment, rate & terms
1717 Roscoe Howey, Waxhaw, NC 28173
Waxhaw, NC 28173
20
bedrooms
0
baths
7,756
sq.ft.
$219
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
Wonderful investment opportunity! This nine unit park is sitting on just under 4 acres with beautiful mature trees. It has approximately 428 feet of frontage on Roscoe Howey Road to the north, and it is bordered to the west by Porter Drive. It is an outstanding location - surrounded by picturesque countryside and serene views. Plus, it is still very convenient to shopping, restaurants, and employment opportunities with Waxhaw being less than 6 miles away, downtown Monroe 6.7 miles, and 5 miles to Wesley Chapel Village Commons. It is located in sought after Union County school districts. The park is made up of two parcels 06-015-039 and 06-015-038. All nine mobile homes are park owned. Renters provide their own furnishings including washer & dryer, refrigerators are park owned. The property also consists of four storage buildings, and an insulated pump house that affords extra storage. A shared 150' deep well serves the whole park, pump was just replaced in 2024. Each unit has its own septic tank. The tenants are responsible for mowing their own yards. Community has two street lights. The current owners have enjoyed having this property, and lovingly maintained it including extra plantings. They have repainted the units every five years, and applied Cool Seal to the roofs every three years. Owners have a list of reliable vendors that they will share. This park consistently operates at nearly 100% rented, with an established history of long term renters (average stay of over 5 years), and very quick turnover. At list price it has a Cap Rate of 6.6%. The rents are under market value, so there is potential for an even greater return. *PLEASE DO NOT DISTURB TENANTS.*
About the Neighborhood
Homes for sale in 28173 place buyers in Waxhaw, one of Union County's most charming and rapidly growing small towns, approximately 20 miles south of Charlotte via Providence Road and US-521, defined by its beautifully preserved historic downtown, antique district reputation, and a genuine village atmosphere that distinguishes it within the broader Charlotte suburban landscape. The residential landscape ranges from traditional and Craftsman-inspired homes in established in-town neighborhoods surrounding the historic Downtown Waxhaw corridor to expansive new construction executive communities on Union County's generous lots. Downtown Waxhaw's Main Street delivers one of the most authentic small-town retail and dining experiences in the metro, lined with independent antique dealers, local restaurants, and boutique shops that attract visitors from across the region. Cane Creek Park, one of Union County's premier outdoor recreation destinations featuring lake access, equestrian trails, and athletic facilities, is directly within the zip code. The 28173 real estate market commands strong demand and steady appreciation, driven by the community's distinct character, newer construction inventory, and a US-521 commute placing Uptown Charlotte approximately 30–35 minutes away.
Property Features
Property Description
- Beds Total: 20
- Year Built: 1984
- Living Area: 7,756 sqft
- New Construction: No
- MLS #: 4367822
Association
- HOA Required: No
Interior Features
- Heating: Central, Electric, Heat Pump
- Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
- Electric Dryer Hookup
- Washer Hookup
Appliances
- Electric Range
- Electric Water Heater
- Refrigerator
Construction Materials
- Aluminum
- Vinyl
- Foundation: None
Cooling
- Ceiling Fan(s)
- Central Air
- Window Unit(s)
Foundation Details
- None
Heating
- Central
- Electric
- Heat Pump
Laundry Features
- Electric Dryer Hookup
- Washer Hookup
Parking Features
- Driveway
- Parking Space(s)
Other Structures
- Shed(s)
- Other - See Remarks
Pets Allowed
- Yes
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Septic Installed
WaterSource
- Shared Well
Location
LISTING COURTESY OF: 1ST CHOICE PROPERTIES INC
SueAnnVP@gmail.com
$1,700,000
Est. Payment: $8,738/mo
Adjust down payment, rate & terms
Waxhaw, NC 28173
20
bedrooms
0
baths
7,756
sq.ft.
$219
price per sf
Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of 1st Choice Properties Inc
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
$1,700,000
1717 Roscoe Howey
20 bed, 0 bath