Mobile Home Park

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30626145
Property Subtypes: Mobile Home Park
Status: Pending
Number of Units: 13 Units
Building Size (RSF): 900 SF
Gross Building Area: See Agent
Gross Land Area: 5.55 Acres
Sale Price: $169,900
Unit Price: $13,069.23 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

Investors dream. This was once a thriving mobile home park established in the early 90's with great rental income. Now it is a wonderful opportunity to establish a new 13 unit mobile home park. All the electrical petal stools have been restored. The 2 wells have been restored. The main well is a 4'' with the second well being a 2'' back-up system. There are 13 septic systems big enough for 3 bedroom homes. Huge metal workshop with shelving and concrete flooring. The wells, septics, and electric petal stools have all been repaired and serviced. Just bring the mobile homes and make some money. Location is not far from I-40 and Burgaw.
2 side by side parcels for sale, other address is 5630 NC Hwy 53 E, parcel # 3341-33-9461-0000. 13 unit mobile home park. Area flooded in Hurricane Florence.

Additional Details

Nearest MSA: Wilmington
County: Pender
Tax ID/APN: 3341-33-6363-0000
Zoning: MOBILE HOME PARK
Highway Access: I-40 and Hwy 53
Airports: ILM
Site Description: 13 spots for mobile homes to be placed
Area Description: Rural area but close to Burgaw and about 25 minutes from Wilmington.
Property Condition: Good
Zoning Description: Mobile Home Park
In Flood Plain?: Yes
Water Service: Well
Sewer Type: Septic
Land Ownership: M & R Rentals LLC
Legal Description: PT OF TR 5, PB 15/50 and LT 3 PB 62/61 DODGENS/M&M RENTALS RECOMB

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,183 6,360
Median Age: 40.55 41.95
Households: 469 2,353
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