Pooles Mobile Home Park - FINANCING AVAILABLE 145 Eunice Ln 13 Unit Mobile Home Park $1,109,756 CAD ($85,366 CAD/Unit) 10.67% Cap Rate Cameron, NC 28326

Pooles Mobile Home Park (“Pooles MHP”) consists of thirteen (13) pads located on 3.77 acres in the North Carolina Southeast Submarket. Bank financing options are available upon request.

Twelve (12) pads are occupied by parked-owned homes (POHs) and there is one (1) vacant pad. Two of the POHs are being operated as Airbnbs with great success. The current Airbnb homes, however, could be rented by a new owner with conservative estimated rents of $1,000 each.

The park infrastructure consists of two streets with security lighting. The park is serviced by well water and septic tanks. Water and electricity are individually metered and paid for by tenants.

The current rent roll for the ten (10) regular POHs supports a yearly gross income of $93,600. The T-12 reflects an NOI of $84,844. Assuming renting out the two current Airbnbs, infilling the vacant pad, and thirty percent (30%) expense ratio, net operating income is projected at $90,300 (11.3% cap rate).

Pooles MHP’s use is grandfathered in. This means that the existing homes can be replaced, but there can be no expansion beyond thirteen (13) pads. In January 2025, Poole MHP had its most recent Harnett County inspection and is in good standing.

Pooles MHP is located in the North Carolina Southeast Submarket 1.5 miles from the Spout Springs/NC Highway 87/Hwy 24 interchange providing tenants convenient access to nearby shopping and major roads in and around the Harnett County.