Building Details

Number of units 12

Listing Agency: East Atlantic Realty LLC Show Phone

Listed By: Adam Hashem · License #318849 Show Phone

Added: May 8 Changed: Jun 9 Last Checked: Aug 12 at 11:06AM

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MLS# 100572520

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Investment Insights

Based on property information with market context.

This manufactured housing community for sale features a 15-pad layout with 13 total units in place. The current mix includes 11 income-producing homes, plus 1 tenant-owned lot. Utilities are individually metered, and the landlord is responsible for insurance only, with no other operating expenses identified in the provided remarks.

The property is located at 102 Chappin Street in Chadbourn, North Carolina, in Columbus County. The community is described as being within driving proximity to Wilmington, NC and Myrtle Beach, SC.

For investors looking for a manufactured home park structure that can be operated with limited expense responsibility as described, the park’s established rent roll is positioned to provide ongoing rental revenue. With both park-owned and tenant-owned homes, the setup is designed to shift utility responsibility to tenants while maintaining an owner-managed community footprint. The 15-pad design also supports future home placements or improved occupancy within the existing pad configuration, based on the layout described.

Key Highlights

• Strong cash flow with approximately $6,110/month gross rental income.
• Turnkey operation with low overhead; landlord responsible for insurance only.
• Located near Wilmington, NC and Myrtle Beach, SC, benefiting from coastal employment and tourism.

Property Analytics

Property Profile

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Hair Salon Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Law Firm Nail Salon

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

13

Residential units

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

169

Businesses Nearby

Explore this area Business Placement

Demographics for 28431, NC

6,255

Population

3,252

Households

1.9

Avg Household Size

42

Median Age

10%

College-Educated

83%

High-School Grad

78.5 sq mi

ZIP Area

80

Density / Sq Mi

$32,244

Median Household Income

$30,504

Median Earnings

$736

Median Rent

$89,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - 15-pad manufactured home park with 13 existing units and individually metered utilities generating about $6,110/month gross rent.

Where is this mobile home & rv park located?

The property is located at 102 Chappin Street Chadbourn, NC.

What is the asking price?

The asking price for this property is $649,000.

What are key features of this property?

This property features: Strong cash flow with approximately $6,110/month gross rental income.; Turnkey operation with low overhead; landlord responsible for insurance only.; Located near Wilmington, NC and Myrtle Beach, SC, benefiting from coastal employment and tourism.