Explore Tyler Mellor's Real Estate Portfolio: Investment Properties

Valley View Estates

Valley View Estates was an exceptional investment opportunity for those seeking a long-term rental asset with substantial income potential. This property, located in a prime location, underwent a complete renovation after being completely vacant, and it is now generating an impressive monthly income of over $6,000.

Old Wilson

Old Wilson Rd presented an exciting investment opportunity for our investors seeking a long-term rental asset with promising potential. This property, located in the charming area of Candler, has recently undergone renovations and is now a fully rented long-term rental asset, achieving remarkable results within a short period of time.

At Old Wilson Rd Investment Property was occupied recently, and through careful analysis, it was determined that the forecasted and previous rents were elevated by 30%. By implementing strategic adjustments and renovations, this property has achieved outstanding rental income and high occupancy rates.

Shirley's Estates

25+ unit MHP in West Asheville off of the newly widened New Leicester highway with over 12+ acres in New Leicester. Aquired late in 2024, we have already added another unit to the property and have rent increases implemented to help increase property ROI for it's investors in it's first year of ownership

This expansive 5-acre parcel of land boasts three well-maintained homes, a spacious workshop, beautiful mountain views, and ample room for further development. With a fourth unit already in the works for 2023, this property offers a compelling blend of immediate rental income and long-term growth potential.

Suncrest Estates
Timerill Estates

This 52-pad Mobile Home Park (MHP) in Western North Carolina offers a unique investment opportunity with its rare density and mix of tenant-owned and park-owned units. Located conveniently between Morganton and Lenoir, the park features a gently sloping landscape with pleasant views, served by a combination of individual and shared septic systems, and landlord-covered trash and water services. The park's zoning (R-3) in Burke County allows for diverse residential uses, enhancing its attractiveness. With 14 tenant-owned units, 11 park-owned units, 17 vacant park-owned units, and 10 vacant pads, there is significant value-add potential. The proximity to urban amenities, high visibility, and easy access off Highway 64 further boost its appeal.This MHP presents a prime value-add opportunity for investors to redevelop vacant units, pass through additional utility costs, and enhance rental income, leading to substantial long-term cash flow. The growing population and housing demand in Western NC add to its investment appeal, making this MHP a promising venture with considerable upside potential.

Flat Creek

Long-term SFH investment held since 2016, currently going through a total renovation. Rent over the ownership period has grown from $1,200 mo to $2,000 mo.

Downtown Hickory Duplex

Multifamily purchase made in 2021. Two single-family homes on a single parcel next to the Lenoir Rhyne campus in Hickory, NC. Property grosses over 25k per year.