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105 5 Point Rd 6 Unit Mobile Home Park For Sale Rockingham, NC 28379
Investment Highlights
- Six-lot mobile home park with four occupied and two vacant lots, providing immediate lease-up potential.
- Current lot rent of $250 per month aligns with local affordability trends.
- Located in Rockingham, NC, a community with ongoing economic development and revitalization initiatives.
- Tenant-owned homes reduce maintenance obligations and ensure consistent rental income.
- Low management intensity with tenants responsible for home maintenance and utilities.
- Affordable housing demand in the region supports long-term occupancy and income stability.
Executive Summary
5 Points Mobile Home Park presents an opportunity to acquire a small, manageable manufactured housing community in Rockingham, North Carolina. The property consists of six total lots, with four currently occupied and two vacant, offering immediate upside through lease-up potential. Tenant-owned homes ensure predictable income and minimal maintenance responsibilities for ownership. Current lot rents are set at $250 per month, aligning with local market demand and providing an affordable housing option in a region with strong demand drivers.
The park operates under a simple structure with tenants responsible for home upkeep and utilities, reducing operational complexity and management intensity. This low-maintenance profile, combined with limited expense variability, supports stable cash flow and a passive investment profile. Priced at $30,000 per unit, the asset offers an accessible entry point for investors seeking exposure to the affordable housing sector.
Located in Rockingham, a city known for its revitalization efforts and affordable cost of living, the property benefits from proximity to regional amenities, outdoor recreation, and transportation routes. The area’s small-town atmosphere, combined with regional connectivity, enhances its appeal for long-term occupancy stability.
The park operates under a simple structure with tenants responsible for home upkeep and utilities, reducing operational complexity and management intensity. This low-maintenance profile, combined with limited expense variability, supports stable cash flow and a passive investment profile. Priced at $30,000 per unit, the asset offers an accessible entry point for investors seeking exposure to the affordable housing sector.
Located in Rockingham, a city known for its revitalization efforts and affordable cost of living, the property benefits from proximity to regional amenities, outdoor recreation, and transportation routes. The area’s small-town atmosphere, combined with regional connectivity, enhances its appeal for long-term occupancy stability.
Property Facts
| Sale Type | Investment | Lot Size | 1.45 AC |
| No. Units | 6 | Building Size | 2,500 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1990 |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 2,500 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Property Taxes
| Parcel Number | 746403-40-4887 | Improvements Assessment | $12,684 CAD |
| Land Assessment | $18,047 CAD | Total Assessment | $30,731 CAD |
Property Taxes
Parcel Number
746403-40-4887
Land Assessment
$18,047 CAD
Improvements Assessment
$12,684 CAD
Total Assessment
$30,731 CAD
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105 5 Point Rd
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