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$150,000 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 150 Golden Oaks Ln
General
- Price: $150,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4360322
- Updated: 3/22/2026
- Added to Site: 5 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Parking
- Parking Features: Driveway
Location
- County: Rutherford
Utilities
- Sewer: Septic Installed
- Water: City
Structural Information
- # Buildings: 4
- Year Built: 1994
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Terms: Cash, Owner Financing
Disclosures and Reports
- Special Conditions: Subject to Lease
- Restrictions: Other - See Remarks
- Inclusions: Building
- Lot Number: 000/000
Listed by Asheworth Group WNC Real Estate LLC
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Schools
Schools serving 150 Golden Oaks Ln
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Ellenboro Elementary School 813 Piney Mountain Church Road, Ellenboro, NC 28040 | PK-5 | 2 mi |
East Rutherford Middle School 259 East Church Street, Bostic, NC 28018 | 6-8 | 5.2 mi |
East Rutherford High School 331 East High Road, Bostic, NC 28018 | 9-12 | 3.9 mi |
Rutherford Early College High School 286 I C C Loop Road, Spindale, NC 28160 | 9-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Golden Oaks Ln
Date
Details
Price
Change
Source
3/22/2026
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 Golden Oaks Ln
150 Golden Oaks Lane, Ellenboro, NC 28080 (MLS# 4360322) is a Commercial property. 150 Golden Oaks Lane is currently listed for $150,000 and was received on March 22, 2026. Want to learn more about 150 Golden Oaks Lane? Do you have questions about finding other Commercial real estate for sale in Ellenboro? You can browse all Ellenboro real estate or contact a Coldwell Banker agent to request more information.

