1717 Roscoe Howey Road, Waxhaw, NC
$1,590,000 · 20 bedrooms · 7,756 sq ft · built 1984
Listing courtesy of 1st Choice Properties Inc (Sue Valentine Plyler). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
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 7.5%. The rents are under market value, so there is potential for an even greater return. *PLEASE DO NOT DISTURB TENANTS.*
Price in context
- Asking $205 per square foot.
- That is 44% below the $366 median across 73 active $1.5M+ homes in Waxhaw.
- 38th highest asking price of 73 active $1.5M+ homes in Waxhaw.
- 6th largest by living area of the 69 with a recorded size.
- Reduced $110,000 (6.5%) from the original $1,700,000 asking price.
- 181 days on the market, listed 2026-04-11.
- County tax assessment $387,900; the asking price is 4.10× the assessed value.
Location
Straight-line distances
- Quail Hollow Club: 14.9 mi
- SouthPark Mall: 16.6 mi
- Charlotte Country Club: 19.3 mi
- Uptown Charlotte: 21.3 mi
- Wilson Air Center (private aviation, CLT): 23.1 mi
- Charlotte Douglas International Airport: 23.9 mi
Assigned schools
- Elementary: Western Union
- Middle: Parkwood
- High: Parkwood
School assignments come from the listing and can change; confirm with the district.
Features
- Construction
- Aluminum, Vinyl
- Bathrooms
- 14 full
- Kitchen & appliances
- Electric Range, Electric Water Heater, Refrigerator
- Heating
- Central, Electric, Heat Pump
- Cooling
- Ceiling Fan(s), Central Air, Window Unit(s)
- Parking
- Driveway, Parking Space(s)
- Lot
- Corner Lot, Wooded, Views
- County
- Union
Comparable homes on the market
- 2300 Potter Road S, Waxhaw — $1,490,000, 5 bd, 4,051 sq ft, 0.6 mi away
- 4511 Howey Farms Drive, Waxhaw — $2,300,000, 7 bd, 9,684 sq ft, 0.7 mi away
- 3004 Potter Road S, Waxhaw — $1,250,000, 1.6 mi away
- 5104 Brynmar Drive, Waxhaw — $1,075,000, 6 bd, 6,067 sq ft, 1.7 mi away
- 1500 Billy Howey Road, Waxhaw — $1,010,000, 3 bd, 2,790 sq ft, 1.8 mi away
- 1725 Turtlewood Drive, Waxhaw — $1,675,000, 4 bd, 4,260 sq ft, 1.8 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.