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52-Unit Mobile Home Park
For Sale
$6,999,500

100 102-109 111 Ross Street, Morganton, NC 28655

MULTI_FAMILY - Morganton, NC

Property SizeContact for details
Lot Size8.17 Acres
Days on Market191

Property Features for 100 102-109 111 Ross Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description HID and MID
Parking features Driveway
Pets allowed Call
Elementary school Mountain View
Middle school Walter Johnson
High school Freedom
Standard status Active
APN 2702081302
Lot size 8.17 Acres

Taxes and HOA fees

Tax Description REID # 1795, 1794, 5298
Legal Description REID # 1795, 1794, 5298

Utilities

Sewer type Public Sewer

Building Details

Number of units 52
Building materials Aluminum, Vinyl
Roof type Composition, Metal, Aluminum
Listing Agency: C Shane Cook & Associates
Listed By: Allen Curtis · License #287846
Added: Feb 9 Changed: Aug 3 Last Checked: Aug 19 at 12:06PM
MLS# 4344560

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This vintage 52-unit mobile home park offers 40 seller-owned units and 12 tenant-owned units. The property includes 8.17 acres total, with 3 developable acres. The park has aluminum and vinyl construction, with aluminum, metal, and composition roofing. Parking is provided via driveway.

The park sits within an opportunity zone just off I-40 Exit 103 near major retail and service employers and Western Piedmont Community College area amenities. Water is master-metered, and sewer is master-metered, with public sewer service.

Conveyance of personal property (40 homes) is by bill-of-sale only, along with the deeds to the three parcels. Drive-by looks are permitted, but tenants should not be disturbed. The property is presented with a 7% cap rate.

Key Highlights

  • 52‑unit mobile home park with 40 seller‑owned units and 12 tenant‑owned units
  • 8.17‑acre property with 3 developable acres
  • Located within an opportunity zone just off I‑40 Exit 103

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 28655, NC

55,328
Population
24,542
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
84%
High-School Grad
325.0 sq mi
ZIP Area
170
Density / Sq Mi
$53,464
Median Household Income
$34,191
Median Earnings
$827
Median Rent
$170,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 8.17-acre mobile home park in an opportunity zone with 3 developable acres and public sewer service.
Where is this mobile home & rv park located?
The property is located at 100 102-109 111 Ross Street Morganton, NC.
What is the asking price?
The asking price for this property is $6,999,500.
What are key features of this property?
This property features: 52‑unit mobile home park with 40 seller‑owned units and 12 tenant‑owned units; 8.17‑acre property with 3 developable acres; Located within an opportunity zone just off I‑40 Exit 103
More about this property
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