Back to Search

Mobile Home Park Investment Opportunity

1150 Garretts Way NE, Leland, NC 28451

View on Map

For Sale

$1,500,000

MULTI_FAMILY - Leland, NC

Property size:

5,000 SF

Lot size:

5.93 Acres

Price / SF:

$300/SF

HighLights

Seller financing available, making this an accessible investment opportunity.
Income‑producing property generating approximately $6,000/month in rent.
Located in a rapidly growing area of coastal North Carolina, near Leland Walmart and U.S. Highway 17.
Expansion potential to restore the property to its original 15‑lot capacity.
All 7 mobile homes are tenant‑occupied with long‑term residents and separately metered for utilities.
Rents are currently below market value, offering potential for increased income.

We can help!

Listing Contact

Adam Hashem

For Sale

$1,500,000

MULTI_FAMILY - Leland, NC

Property size:

5,000 SF

Lot size:

5.93 Acres

Price / SF:

$300/SF

Added:: Oct 15, 2025
Days on Market:: 248
Last Refresh:: Jun 19 at 7:06 am

Property Features for 1150 Garretts Way NE

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: Co-R-6000
Standard status: Active
APN: 0370002402
Size: 5,000 SF
Lot size: 5.93 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: T-3 5.93 Ac Strickland Estates Pl 26/306

Utilities

Heating system: Electric (Heating)

Building Details

Number of units: 7

We can help!

Listing Contact

Adam Hashem

Listing agent Adam Hashem License #318849

Listing office East Atlantic Realty LLC 7920 Champlain Dr., Wilmington, NC

Listing date Oct 15, 2025

MLS# 100536239

HighLights

Seller financing available, making this an accessible investment opportunity.
Income‑producing property generating approximately $6,000/month in rent.
Located in a rapidly growing area of coastal North Carolina, near Leland Walmart and U.S. Highway 17.
Expansion potential to restore the property to its original 15‑lot capacity.
All 7 mobile homes are tenant‑occupied with long‑term residents and separately metered for utilities.
Rents are currently below market value, offering potential for increased income.

Overview

This investment opportunity is located 8 minutes from the Leland Walmart and U.S. Highway 17, in a rapidly growing coastal North Carolina corridor. The property, situated on 5.93 acres, includes 7 park-owned mobile homes, all tenant-occupied with long-term residents. Each home is separately metered for public utilities. The park generates roughly $6,000 per month in rent, with potential for increased revenue, as current rents are below market rates. Similar 2-bedroom units in the area rent for $1,000-$1,250 per month. The property offers expansion potential, as the land was once a 15-lot mobile home park. With 5.93 acres of usable space, an investor could add additional homes and restore the park to its full capacity. The owner currently carries general liability insurance and is responsible for yard maintenance.

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Location Insight

Map
Local Demand

City: Leland
County: Brunswick
State: North Carolina
Longitude: -78.051405
Latitude: 34.234605

Nearby Similar for Sale

$5,250,000

29,222 SF

Leland Townhome Complex Investment Property

Fully leased 20-unit townhome complex in Leland, North Carolina.

101 Dresser Lane, Leland, NC 28451

View Details
$3,187,500

14,820 SF

Established Retail Property For Sale

Located on signalized intersection in the heart of trade area.

319 Village Rd NE, Leland, NC

View Details
$749,500

Leland Land Parcel For Sale

Two parcels totaling 10.5 acres in Brunswick County, NC.

6815 Zion Church Rd NE, Leland, NC 28451

View Details
$75,000

83,165 SF

International Commerce Center Industrial Space

Multi-tenant industrial facility with customizable space for lease.

3811 Int'l Blvd NE, Leland, NC

View Details

For sale
Mobile home & RV parks
NC
Leland
28451
1150 Garretts Way NE

What type of property is this?

Mobile home & RV park - Income-producing mobile home park with expansion potential in Leland, NC.

Where is this mobile home & rv park located?

The property is located at 1150 Garretts Way NE Leland, NC.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Seller financing available, making this an accessible investment opportunity.; Income‑producing property generating approximately $6,000/month in rent.; Located in a rapidly growing area of coastal North Carolina, near Leland Walmart and U.S. Highway 17.

1150 Garretts Way NE, Leland, NC 28451

MULTI_FAMILY - Leland, NC

Property Features for 1150 Garretts Way NE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Leland Townhome Complex Investment Property

Established Retail Property For Sale

Leland Land Parcel For Sale

International Commerce Center Industrial Space

FAQs

Create New Password