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796 Boyhill Ln 1 Unit Mobile Home Park $489,968 CAD ($489,968 CAD/Unit) 12% Cap Rate Garland, NC 28441

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EXECUTIVE SUMMARY

CASH FLOWING MOBILE HOME PARK, 6.7 ACRES, GARLAND NC - Offered at $351,000, 12% Cap, Seller Financing Available

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $489,968 CAD
Price Per Unit $489,968 CAD
Sale Type Investment
Cap Rate 12%
Sale Condition Business Value Included
No. Units 1
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Manufactured Housing Mobile Home Park
Building Class C
Lot Size 7.20 AC
Building Size 5,000 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1993/2023
Zoning AG1 - Agricultural

ABOUT 796 BOYHILL LN , GARLAND, NC 28441

Turnkey, income-producing mobile home park situated on 6.7 acres in the heart of Garland, North Carolina. This stabilized asset features seven pads (septic and water available), five of which are fully renovated and income-generating, producing $42,210 in annual gross income with professionally screened tenants under annual leases. Investment Highlights: - Five fully renovated and occupied units delivering consistent monthly income of $3,510 - Two additional units currently utilized for storage, offering potential upside through conversion - Expansive 6.7 acre parcel providing ample room for future pad or amenity expansion - Open storage shed for operational use or additional income - Tenant base fully background and credit verified - Strong, enforceable lease agreements in place Seller financing offered with minimum $75,000 down, presenting an accessible entry into a high-yield investment. This property delivers immediate cash flow with long-term growth potential, a rare opportunity to acquire a stabilized, performing mobile home park in an emerging Eastern North Carolina market.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $837.55 CAD 600
2+2 2 $924.80 CAD -
3+1.5 2 $1,106 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16045332002
Land Assessment
$51,167 CAD (2025)
Improvements Assessment
$13,934 CAD (2025)
Total Assessment
$65,101 CAD (2025)
  • Listing ID: 38158261

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 796 Boyhill Ln, Garland, NC 28441

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