$150,000
Community: Ellenboro in Rutherford County
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
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
Based on information submitted to the MLS GRID as of 2026-04-01 at 9:15PM. 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.
Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Some IDX listings have been excluded from this website.
Copyright © 2026. All rights reserved.
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.