Rockingham County Mobile Home
107 Rebel Run Loop Stoneville, NC 27048
107 Rebel Run Loop, Stoneville, NC, 27048
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For Sale
Contact for pricing
52-site portfolio in Rockingham County, North Carolina.
Days on Market53
Property Features for 107 Rebel Run Loop
General Information
- Standard status
- Active
- Property subtype
- Multifamily, Mobile Home Park
Listing Agency
AVINE REAL ESTATE
Listed by
Tim Ryan · License #02097345
Source
Crexi
Added: May 26 Checked: Jul 16 at 5:25 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AVINE REAL ESTATE
Investment Insights
Based on property information with market context.
The Rockingham County Portfolio consists of three all-age manufactured housing communities: Southern View Mobile Home Park in Stoneville, and Dixie Land Mobile Home Park and Hidden Acres Mobile Home Park in Madison. The two Madison communities are approximately 15 minutes from the Stoneville property. The portfolio includes 52 sites: 25 at Southern View MHP, 18 at Dixie Land MHP, and 9 at Hidden Acres MHP, with only one vacant lot. The communities are operated by an offsite manager who receives 10% of gross revenue. All three parks are serviced by city water and sewer, with electric, water, sewer, and trash directly billed to tenants. The ownership is responsible for common area lighting. Current site rent is $275 per month, with additional income from 19 seller-financed mobile home notes carrying interest rates between 10% and 12% and payoff terms ranging from 1 to 12 years. The landlord is responsible for property taxes on the mobile homes. Recent capital improvements include road work and tree removal. Located just north of Greensboro, Stoneville and Madison benefit from proximity to a growing economic base. Major employers include Toyota Motor North America, Cone Health, Volvo Group, and Hanesbrands. Additional employment drivers include logistics, manufacturing, and distribution hubs throughout the Piedmont Triad region.
Key Highlights
- Value‑add opportunity through below‑market rents and operational efficiencies.
- High occupancy rate with only one vacant lot across the 52 sites.
- Portfolio of three all‑age manufactured housing communities within a 15‑minute drive, allowing for efficient management.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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FAQs
What type of property is this?
Mobile home & RV park - 52-site portfolio in Rockingham County, North Carolina.
Where is this mobile home & rv park located?
The property is located at 107 Rebel Run Loop Stoneville, NC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Value‑add opportunity through below‑market rents and operational efficiencies.; **High occupancy rate** with only one vacant lot across the 52 sites.; Portfolio of three all‑age manufactured housing communities within a 15‑minute drive, allowing for efficient management.
