Mobile Home and RV Parks For Sale

More details for 1800 - 1802 Pamalee Dr, Fayetteville, NC - Multifamily for Sale

1800-1802 Pamalee Dr -49 Pad Mobile Home Park - 1800 - 1802 Pamalee Dr

Fayetteville, NC 28301

Mobile Home and RV Park
Multifamily for Sale
$2,781,608 CAD
1,056 SF

Fayetteville Multifamily for Sale - North Fayetteville

For Sale – 1800 Pamalee Drive | Fayetteville, NC Excellent value-add or redevelopment opportunity along Fayetteville’s high-traffic Pamalee Drive corridor (31,000+ vehicles per day). This 10.44-acre property is zoned CC (Community Commercial) and SF6 (Single-Family Residential), offering flexibility for commercial, multifamily, or mixed-use development, already subdivided into 6.85 Acre MHP and 3.59 Acre Commercial Land. The site currently operates as a 49-pad mobile home park, with 5 pads vacant and 8 homes rented on month-to-month leases generating approximately $4,460 in total monthly income. The property presents strong upside potential through increased occupancy, operational improvements, or full redevelopment. With close access to city water, sewer, and electricity, the property enjoys excellent frontage and visibility along Pamalee Drive—surrounded by established retail, multifamily, and service businesses in a rapidly growing corridor.

Contact:

Grant-Murray Real Estate LLC

Property Subtype:

Mobile Home Park

Date on Market:

2025-12-12

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385 Sand Ridge Rd

New Bern, NC 28560

Mobile Home and RV Park
Land for Sale
$2,783,000 CAD
88 AC Lot

New Bern Land for Sale

NAI Tri Properties is pleased to present the opportunity to acquire approximately 88.5 acres of vacant land with an approved CAMA permit for a 188 slip marina located in New Bern, North Carolina. Ideally positioned just off US Highway 17, this expansive tract offers convenient access to the Neuse River, North Carolina’s coastal corridor, Coastal Carolina Regional Airport, and the surrounding Craven County market. The site’s location provides a strategic advantage for future development with approved permit providing a quicker path to completion, offering both privacy and proximity to key transportation routes and local amenities. Nestled within North Carolina’s scenic coastal plain, the property has over 1000’ of Neuse River shoreline, one of the state’s most iconic waterways. This setting combines natural beauty with development potential, appealing to those seeking to create a community that balances modern living with outdoor recreation and environmental preservation. As one of eastern North Carolina’s most desirable and steadily growing communities, New Bern offers a dynamic mix of historic charm, economic vitality, and quality of life. The city’s expanding infrastructure, robust housing demand, and access to major employment centers make 0 & 385 Sand Ridge Road a compelling opportunity for developers and investors seeking long-term growth in a well-connected, river-adjacent location.

Contact:

NAI Tri Properties

Property Subtype:

Commercial

Date on Market:

2025-11-20

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2145 Smokey Park Hwy

Candler, NC 28715

Mobile Home and RV Park
Multifamily for Sale
$487,025 CAD
3,000 SF

Candler Multifamily for Sale - Buncombe County

Located just off of Smokey Park Highway and convenient to I-40 in Candler, this ~0.9-acre mobile home park offers a low point of entry into mobile home park ownership thanks to its attractive price point. The property includes six park-owned homes with mostly long-term tenants, three units are on city water, and the park is supported by three septic systems. Open Use zoning and permission to add one additional unit create a clear value-add opportunity for an investor looking to increase density and cash flow in a convenient and fast-growing Candler submarket.

Contact:

NAI Beverly-Hanks

Property Subtype:

Mobile Home Park

Date on Market:

2025-11-19

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More details for 131 Monteagle Dr, Boone, NC - Multifamily for Sale

Bradford Mobile Home Park - 131 Monteagle Dr

Boone, NC 28607

Mobile Home and RV Park
Multifamily for Sale
$18,089,500 CAD
150,000 SF

Boone Multifamily for Sale

Aline Capital’s MHRV Team is proud to present the exclusive opportunity to acquire Bradford Mobile Home Park, a rare and well-positioned community located in the highly desirable mountain town of Boone, North Carolina. This offering represents a unique chance to purchase a largescale manufactured housing and RV community in one of the region’s most constrained and in-demand affordable housing markets. Boone is well known for its natural beauty,thriving local economy, and significant barriers to new development — all of which contribute to exceptional longterm fundamentals for existing communities like Bradford. The property features a balanced mix of mobile home and RV sites, providing a stable income base withmeaningful upside through both infill opportunities and value-add operational improvements. With current occupancy supported by strong in-place cash flow and the capacity to fill an additional 46 vacant sites, investors are well-positioned to drive substantial increases in net operating income (NOI) over the near term. The park’s existing infrastructure and operational efficiency further enhance its scalability and management simplicity, making it an attractive asset for both private and institutional investors seeking growth and stability. Bradford Mobile Home Park benefits from its strategiclocation within the Boone market — an area anchored by Appalachian State University, a growing healthcare sector, and a steady influx of residents drawn by the town’s quality of life and affordability relative to other mountain communities. With its combination of dependable income, significant upside potential, and irreplaceable location, Bradford represents a compelling opportunity for investors looking to capture both immediate returns and long-term appreciation in one of North Carolina’s most sought-after tertiary markets.

Contact:

Aline Capital

Property Subtype:

Mobile Home Park

Date on Market:

2025-11-13

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1075 Sweeten Creek Rd

Asheville, NC 28803

Mobile Home and RV Park
Land for Sale
$452,237 CAD
0.39 AC Lot

Asheville Land for Sale - S Asheville/Royal Pines

0.39/ac lot on Sweeten Creek Rd, Zoned Commercial. Level with small creek in the back. Sewer line also in the back of the property. High growth area in South Buncombe Co. Many possible uses: Small office site, retail, coffee, etc. Mobile Home Park to keep signage rights on the corner of property.

Contact:

Pulliam Properties

Property Subtype:

Commercial

Date on Market:

2025-10-31

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371 Riverview Dr

Waynesville, NC 28785

Mobile Home and RV Park
Multifamily for Sale
$2,073,335 CAD
1,200 SF

Waynesville Multifamily for Sale - Haywood County

PARTIAL OWNER FINANCE POSSIBLE - Excellent investment opportunity less than 30 minutes from Asheville and sited on 8 acres. Currently this 5-parcel property produces pad rental income for 5 pads (Lot Rent Only), 9 park owned mobile homes that are all being sold Rent to Own, one site built 3-bedroom, 1-bath split level home with a 1 BR 1 BA sudio on the lower level. The park has a solid rental history and occupancy. All units are fully rented. This investment property provides stable income with remarkable upside capacity. Average Monthly Income is $11,600 with only few hundered dollars a month in expenses and Taxes & Insurance. Please do not disturb tenants.

Contact:

Nader Ashchi

Property Subtype:

Mobile Home Park

Date on Market:

2025-09-30

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1115 Folly Rd

Plymouth, NC 27962

Mobile Home and RV Park
Land for Sale
$291,519 CAD
3.30 AC Lot

Plymouth Land for Sale

This property is currently zoned for a mobile home park and is ready for a rental park or bring your own homes to add to your rental portfolio. Located close to the Roanoke River and Albemarle Sound this area provides unlimited fishing and boating opportunities. North Carolina Wildlife Resource Commission Game Lands are just minutes away offering hunting opportunities close by as well. Just over an hour from the Outer Banks, this property offers a great opportunity to grow your investment and enjoy all of what northeastern NC has to offer.

Contact:

Riverfront Realty of Eastern NC, LLC

Property Subtype:

Commercial

Date on Market:

2025-09-26

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12 mobile homes in Roanoke Rapids NC

Mobile Home and RV Park
Multifamily for Sale
$1,419,330 CAD
3,280 SF
3 Multifamily Properties

Roanoke Rapids Portfolio of properties for Sale

12 mobile homes portfolio on individual lots, current total monthly rent $9,050, one home is vacant, all month to month leases, long term tenants, all remodeled within the last 5 years or less, most have new HVAC, newer roofs. See full list of addresses in pictures. Link for pictures to each property: https://drive.google.com/drive/folders/1SXf13iZzrD1xUUBrfzdSRD9JEwAMBFfR

Contact:

K2 Real Estate Group

Property Subtype:

Multi Family

Date on Market:

2025-09-12

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Commercial and Residential Property

Mobile Home and RV Park
Mixed Types for Sale
$2,358,592 CAD
2 Properties | Mixed Types

Kings Mountain Portfolio of properties for Sale - Cleveland County

A unique opportunity to acquire a combined commercial and residential portfolio totaling approximately 4.95 acres. The commercial parcel spans 1.53 acres and is zoned AU (Auto-Urban-Commercial), offered together with multiple residential properties: 110, 112, 114 Walker Street (PINs 8493, 13362, 73808, respectively) and 116 Walker Street (PIN 13364) totaling 1.27 acre, 109 Fulton Street (PIN 13360) with 0.95 acres, and an additional 1.2-acre lot off Fulton Street (PIN 72754). Residential zoning is primarily SU (Semi-Urban-Residential), with back section of 110 Walker zoned AU. There's a total of 4.95 acres for portfolio. Located off Kings Mountain/Cherryville NC216 Exit, the site offers convenient access to HWY 74, just one mile from I-85 and 3.9 miles from Catawba Two Kings Casino, with close proximity to downtown Kings Mountain. The sale includes seven buildings: three tenant-occupied homes on Walker Street (all with identical layouts) and one vacant home on Walker Street (home of no value), one home on Fulton Street, a commercial building, with a garage/workshop on Piedmont Avenue, and 1.2 acre vacant lot. Properties are sold “As Is-Where Is” and subject only to city zoning regulations. Floor plans available for each structure and garage/workshop.

Contact:

Phoenix Lifestyle Team

Property Subtype:

Mixed Types

Date on Market:

2025-08-20

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100 San Carlos Dr

Salisbury, NC 28146

Mobile Home and RV Park
Multifamily for Sale
$814,027 CAD
4,000 SF

Salisbury Multifamily for Sale - Rowan County

13-Space Mobile Home Community 4-Vacant Pads 1 Trailer is Park Owned *Call broker for financials*

Contact:

Piedmont Properties & Realty LLC

Property Subtype:

Mobile Home Park

Date on Market:

2025-08-14

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More details for 161 Ellington Dr, Raeford, NC - Land for Sale

Development Opportunity in Hoke County - 161 Ellington Dr

Raeford, NC 28376

Mobile Home and RV Park
Land for Sale
$904,475 CAD
2.44 AC Lot

Raeford Land for Sale - Hoke County

Prime development opportunity near the intersection of NC Hwy 211 & Plank Road in Hoke County, just outside the boundaries of Fort Bragg. Zoned industrial, the property offers visibility & positioning for a variety of commercial or industrial uses. Approximately 14 miles from Pinehurst, the site benefits from N.C. 211 AADT of 9,600 in front of the property & up to 11,500 at the intersection. N.C. 211—the primary route between Raeford & Aberdeen/Moore County—is undergoing upgrades to improve accessibility. The property consists of two parcels totaling an estimated +/- 2.44 acres, including Lot 1-B (+/- 0.17 acres) with a mobile home and the larger tract improved with an approximately 3,000 SF storage warehouse. No value given to structures. Buyer to perform their own due diligence regarding acreage, septic, access, & other site conditions.

Contact:

Carolina Summit Group, LLC

Property Subtype:

Commercial

Date on Market:

2025-07-31

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More details for 1284 Lanvale Rd NE, Leland, NC - Land for Sale

1284 Lanvale Road NE - 1284 Lanvale Rd NE

Leland, NC 28451

Mobile Home and RV Park
Land for Sale
$1,391,493 CAD
2.42 AC Lot

Leland Land for Sale

Turnkey investment opportunity in a quiet, well-maintained community just off Lanvale Rd in Leland. This fully occupied 11-unit mobile home park sits on just under 2.5 acres and features nicely landscaped grounds with long-term tenants and strong rental history. A low-maintenance, income-producing property in a rapidly growing area — ideal for investors seeking reliable cash flow and long-term value. Please contact broker for showing instructions

Contact:

Intracoastal Realty Corporation

Property Subtype:

Commercial

Date on Market:

2025-07-16

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More details for 5828 Old Smithfield Rd, Apex, NC - Land for Sale

5828 Old Smithfield Rd - 5828 Old Smithfield Rd

Apex, NC 27539

Mobile Home and RV Park
Land for Sale
$229,597 CAD
1.22 AC Lot

Apex Land for Sale - Southwest Wake County

Abandon mobile home on property Zoned RR (Rural Residential) with the Town of Apex’s future land use plan designating the area for Mixed-Use Public sewer connection is already available at the property, saving on infrastructure costs Public water line runs along Old Smithfield Road, making utility access straightforward for future construction or improvements

Contact:

TradeMark Properties

Property Subtype:

Commercial

Date on Market:

2025-07-15

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120 Oveda Ct

Kings Mountain, NC 28086

Mobile Home and RV Park
Land for Sale
$5,496,425 CAD
63.42 AC Lot

Kings Mountain Land for Sale - Cleveland County

±63.42 AC Sale Price: $3,950,000 ($62K/AC) Cleveland County Tax Map #65331 Full access to all utilities. Ideal for Residential/Commercial/Recreational Development. Potential use: Residential/Commercial/Recreational. Permitted for RV Park usage. Current ordinance in place restricting the development of other RV parks within a 1-mile radius.

Contact:

Pintail

Property Subtype:

Commercial

Date on Market:

2022-08-26

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270 Deyton Camp Rd

Robbinsville, NC 28771

Mobile Home and RV Park
Specialty for Sale
$2,226,400 CAD
960 SF

Robbinsville Specialty for Sale

Seize the opportunity to own a flourishing boat rental business on the pristine waters of breathtaking Lake Santeetlah! This turnkey operation features a well-maintained fleet, including 7 luxurious pontoon boats, 3 spacious deck boats, and an assortment of kayaks, pull tubes and life jackets to cater to water enthusiasts of all kinds. Included in this offering is an additional lot with potential for expansion, per Brookfield Smoky Mountain Hydropower guidelines, providing a unique chance to grow this already successful venture. The updated mobile home features modern office space for seamless guest check-ins and very comfortable living quarters(2 beds, 2 baths) ideal for year round residency. Perfectly situated in a stunning, high-demand location, this business is poised for continued success and exceptional profitability. Don’t miss out on this extraordinary investment in one of the region’s most picturesque destinations! Owner financing available with substantial down payment.

Contact:

Keller Williams Great Smokies

Property Subtype:

Marina

Date on Market:

2025-07-14

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137 Red Maple Ln

Burnsville, NC 28714

Mobile Home and RV Park
Multifamily for Sale
$2,155,433 CAD
2,148 SF

Burnsville Multifamily for Sale

Once the Woodland Hills Subdivision/ Mobile home park this property has been re-imagined as a new tiny home community, log cabin community, or subdivision. A new spring house and water system has been built that will serve several homes. There are 11 permitted septic tanks on the property. The roads have been regraded and upgraded, old the old mobile homes removed. Two new tiny homes have been constructed and are ready to be rented and the original homeplace has been remodeled to create two 2BR apartments. The possibilities are endless. Just over 31 acres and within minutes of downtown Burnsville, hiking, Mount Mitchell State Park, the Appalachian trail and various outdoor activities. This property is located in the opportunity zone in Yancey County and there are no zoning regulations to limit the possibilities. The current owner has put the infrastructure in place to create a tiny home community.

Contact:

Whispering Pines Mountain Real Estate

Property Subtype:

Apartment

Date on Market:

2025-07-13

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11-Home Portfolio | $270K+ Annual Income

Mobile Home and RV Park
Mixed Types for Sale
$3,826,625 CAD
11 Properties | Mixed Types

Wilmington Portfolio of properties for Sale - Airport

11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.

Contact:

East Atlantic Realty

Property Subtype:

Mixed Types

Date on Market:

2025-07-09

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1817 US 601 Hwy

Yadkinville, NC 27055

Mobile Home and RV Park
Flex for Sale
$800,112 CAD
4,400 SF

Yadkinville Flex for Sale - Yadkin County

±3.14 acres with 3 buildings available on US Highway 601, just 3.5 miles south of Yadkinville and US Highway 421. The rear of the property has ±2.00 undeveloped acres with access from Foster Road and a remodeled mobile home that conveys with the sale. ±1,200 SF retail/office building perfect for car lot, outdoor sales, etc. - previous user was an HVAC business and an auto parts/dealer service business. In addition, there is a ±1,000 SF conditioned workshop and a ±2,200 SF conditioned quonset hut.

Contact:

Linville Team Partners

Date on Market:

2025-05-02

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9572 Hwy 41 W

Pink Hill, NC 28572

Mobile Home and RV Park
Land for Sale
$2,365,550 CAD
174.83 AC Lot

Pink Hill Land for Sale

Discover an exceptional opportunity to own a turnkey timberland estate in the heart of Eastern North Carolina. Spanning over 174 acres, this property combines natural beauty with modern convenience. The centerpiece is a 5,570 sq. ft. luxury barndominium featuring four spacious bedrooms and two bathrooms, blending rustic charm with upscale finishes. An additional 2,800 sq. ft. open space is ideal for hosting events, retreats, or meetings, making this property versatile for personal or commercial use. Accessibility is unmatched with approximately half a mile of road frontage and a powered gated entry equipped with smart technology and security cameras. The property includes three renovated 5,600 sq. ft. buildings, two smaller outbuildings, and a carport, offering ample storage and operational flexibility. Infrastructure is robust with county water, Spectrum Fiber internet, three wells, septic systems, and improved stone roads. A comprehensive drainage system ensures optimal land management, while over 500 feet of stained wooden fencing enhances privacy and aesthetics. This tract is perfect for investors, outdoor enthusiasts, or those seeking a private retreat with income potential. Surveys, Phase 1 & 2 environmental reports, and a Wetland Determination report are available, providing confidence in the property’s readiness for development or immediate use.

Contact:

Whitetail Properties, LLC

Property Subtype:

Residential

Date on Market:

2025-02-21

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More details for 2271 Harrington Hwy, Eden, NC - Flex for Sale

Lynn Building - 2271 Harrington Hwy

Eden, NC 27288

Mobile Home and RV Park
Flex for Sale
$1,245,392 CAD
8,561 SF

Air Conditioning

Eden Flex for Sale - Rockingham County

Full-sized basketball court. Wood floors, striped hoops, and backboards are in place. Storage for chairs and tables. HVAC operational. Natural gas for heat. Two offices and restrooms. One office can be used for limited food service. A work area was added across the back of the building. Water and sewer are in place for restrooms. A garage door opens to the entire room. 58 parking places plus four handicapped spaces. One-bedroom mobile home on permanent foundation. /THE BUILDING CAN BE USED FOR A WORKSPACE IF YOU WANTED TO REMOVE THE FLOOR. HIGH CEILINGS MAY BE AN ADVANTAGE.

Contact:

Miller Hatcher Inc.

Date on Market:

2025-02-18

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1730 Easterling Dr

Spring Lake, NC 28390

Mobile Home and RV Park
Land for Sale
$730,537 CAD
17 AC Lot

Spring Lake Land for Sale

Spanning 17 acres across two contiguous parcels, this property offers diverse zoning designations, 1,200 feet of Little River frontage, and strong development potential. The 10.19-acre parcel is zoned R6A, allowing for a mobile home park or a well-planned RV park, capitalizing on the growing demand for affordable and recreational housing solutions. The remaining 7± acres, zoned RR and CD, provide additional flexibility for various land uses. With legal right-of-way access (not publicly maintained), the site is easily reachable while maintaining a private, scenic setting. The 10-acre parcel lies within a 500-year flood zone, while the 7-acre parcel is in a 100-year flood zone, factors to consider in planning. The property’s expansive riverfrontage enhances its appeal, making it a prime location for an RV park or a return to its previous use as a mobile home community.

Contact:

Grant-Murray Real Estate LLC

Property Subtype:

Commercial

Date on Market:

2025-02-13

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More details for 20689 US Highway 17, Hampstead, NC - Land for Sale

2 acres on US Hwy 17 Hampstead, NC - 20689 US Highway 17

Hampstead, NC 28443

Mobile Home and RV Park
Land for Sale
$695,611 CAD
2 AC Lot

Hampstead Land for Sale - East Pender County

1.98 Acres of PRIME land on US HWY 17 with visibility and versatility! Unbeatable Location (which the Bypass completion will further increase), Income Producing Rental & Prime Development Potential. High and Dry, no wetlands or elevated flood hazards identified. Property Features Prime Location: - High visibility Location - 1 mile North of the the last Hampstead Bypass Interchange (NCDOT project well underway) - 2 miles South of US Intersection 17/ Hwy 210 East (Surf City Lowes/ Harris Teeter) - 9 miles from the Surf City Bridge leading to the beautiful beaches of Topsail Island. - 9 miles from Wilmington Zoning and Potential: - Currently zoned RA residential, with adjacent RP, GB, and OI property zoning offering future development potential. - Long-term tenant in place in one of the three mobile homes on the property, providing rental income. Month to Month lease with 45 days notice needed vacate. Utilities and Infrastructure: - Two (2) Mobile homes -- 2 County Water Tap Connections -- 2 Septic Systems -- 2 Electric Connections - 3rd Mobile Home - unknown utilities - Well in front right of property hasn't serviced the property since County Water connection. Land and Environment: - No flood hazard zone and no known wetlands, making it ideal for development. - The property boasts beautiful, soaring live oak trees, creating a serene and picturesque setting. Hampstead is booming! 2020 Census shows a 71.1 percent pop growth, while Surf City saw a 108 percent increase. Growth continues with Hampstead experiencing 28 percent and Surf City 30 percent increases since 2021. Significant opportunity for investors, developers, or anyone seeking a prime location with immense potential. The Bypass currently nearing completion will only further enhance visibility and accessibility, connecting this centrally located property to Wilmington, Wrightsville Beach, Leland and beyond.

Contact:

Bluestar Real Estate, LLC

Property Subtype:

Commercial

Date on Market:

2025-02-08

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More details for 145 Eunice Ln, Cameron, NC - Multifamily for Sale

Pooles Mobile Home Park - FINANCING AVAILABLE - 145 Eunice Ln

Cameron, NC 28326

Mobile Home and RV Park
Multifamily for Sale
$1,106,242 CAD
10,000 SF

Cameron Multifamily for Sale

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.

Contact:

Grant-Murray Real Estate LLC

Property Subtype:

Mobile Home Park

Date on Market:

2025-02-03

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More details for 1411 Seabrook School Rd, Fayetteville, NC - Multifamily for Sale

COOPER MHP - 1411 Seabrook School Rd

Fayetteville, NC 28312

Mobile Home and RV Park
Multifamily for Sale
$1,106,242 CAD
14,000 SF

Fayetteville Multifamily for Sale - East Fayetteville

1411-1421 Seabrook School Rd. (“Subject Property”) consists of 11 pads (filled with 9 park owned homes with titles and 2 tenant owned homes) and 2 rental houses located on 10 acres. Current net operating income is $72,301. One of the rental houses is currently occupied by owner (to vacant upon sale), which will provide an additional source of revenue ($16,800 with rent $1,400 minimum) immediately following acquisition. For that reason, the proforma cap rate for the property is 11.2%. The park is quiet and in good condition with long-term tenants. 1411 Seabrook School Rd. (5.10 acres) is zoned R6A, which per the zoning ordinance permits up to eight (8) mobile homes per acre for expansion. In addition, there is potential for the rezoning of 1421 Seabrook School Rd. (4.90 acres zoned R30A) for further expansion. Although, 1421 Seabrook School Rd (4.90 acres zoned R30A) should permit at least another four (4) mobile homes even without rezoning. In addition to the homes, the property has 2-bonus storage buildings (40x40 Quonset Hut, and 24x40 building) to house park maintenance equipment (lawnmowers, tools, etc. which can also be purchased). The Subject Property is serviced by three (3) water wells (all new pumps 2023) and septic in good condition. The Subject Property is located in a quiet area of the East Fayetteville Submarket one-mile from NC Hwy 210 and 5 miles from I-95 (Exit 49 Cedar Creek Rd.).

Contact:

Grant-Murray Real Estate LLC

Property Subtype:

Mobile Home Park

Date on Market:

2024-05-20

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