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    5929 Mourglea Avenue Ext Connelly Springs, NC 28612

    For Sale
    $309,900

    MULTI_FAMILY - Connelly Springs, NC

    Lot size:
    1.27 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 5929 Mourglea Avenue Ext

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 10, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 9, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 7, Bedroom 1
    Bedrooms
    10
    APN
    2742-99-1529
    Parking features
    Driveway
    Pets allowed
    Yes
    Appliances
    Electric Range, Refrigerator
    Lot size
    1.27 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1991
    Number of units
    4
    Flooring type
    Laminate, Carpet, Vinyl
    Building materials
    Aluminum, Metal

    C Shane Cook & Associates (828) 443-3205 [email protected]

    Listing agent Shane Cook (828) 443-3205

    Listing date Nov 13, 2025

    MLS# 4293072 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Mobile Homes Investment Property

    This investment property, located just south of Rutherford College and Valdese, features four well-maintained singlewide mobile homes built in the 1990s. The current owner has updated each unit. The property generates $3,200 per month ($38,400 per year) in rental income, with potential for increased returns. Recent improvements include new carpet, flooring, paneling, paint, interior and exterior doors, vanities and toilets, water heaters, and appliances. Each home has a heat pump. The landlord handles lawn care, provides town water, and maintains a shared dumpster. Tenants are responsible for all other utilities. Each unit has its own septic system. The property is set in a scenic location at the foot of Mineral Springs Mountain, just outside the town limits, in Connelly Springs, NC. The property is 1.27 acres.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Building Supply Spa & Massage Hair Salon Auto Repair Shop Clothing Store Nail Salon Auto Parts Store Pharmacy Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Connelly Springs
    County
    State
    North Carolina
    Longitude
    -81.5301459
    Latitude
    35.728327

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    FAQs

    What type of property is this?
    Mobile home & RV park - Well-maintained mobile homes with immediate income and long-term potential.
    Where is this mobile home & rv park located?
    The property is located at 5929 Mourglea Avenue Ext Connelly Springs, NC.
    What is the asking price?
    The asking price for this property is $309,900.
    What are key features of this property?
    This property features: - Immediate Income: Generates $3,200/month ($38,400/year) in rental income.; - Investment Potential: Opportunity for increased returns in a desirable location.; - Updated Units: Four well-maintained 1990s singlewide mobile homes with recent improvements including flooring, paint, appliances, and more.
    (828) 443-3205
    Request Owner's contact information
    5929 Mourglea Avenue Ext Connelly Springs, NC 28612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5929 Mourglea Avenue Ext Connelly Springs, NC 28612
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