Harbor Ridge Mobile Home Park - Southport

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30633239
Property Subtypes: Mobile Home Park
Status: Pending
Number of Units: 23 Units
Building Size (RSF): 20,700 SF
Gross Building Area: See Agent
Gross Land Area: 5 Acres
Sale Price: $1,595,000
Unit Price: $69,347.83 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 11.65%
Last Updated: 10/8/2020

Overview / Comments

Harbor Ridge Mobile Home Park is located is Southport, NC convenient to the historic downtown waterfront are as well as the main commercial corridor. The property features 23 park-owned homes, with nearly half of them being recently renovated. The Property also features a two-story shed on site.

Note, the current parcel will be subdivided prior to closing, with the buyer purchasing approximately the 5 acres that contains the mobile home park.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 221MC00701

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,413 5,803 10,790
Median Age: 57.95 52.91 52.18
Households: 598 2,686 5,007
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