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Two-Property Mobile Home Park Portfolio
For Sale
$1,147,217
Pending

109 Smiths MHP Lane, Chinquapin, NC 28521

CommercialSale, Chinquapin, NC

Property SizeContact for details
Days on Market348

Property Features for 109 Smiths MHP Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning description OTHER - Other
Subdivision DUPLIN COUNTY
Standard status Pending
APN 08-2256- 1- & 08-2256- 1- 1

Taxes and HOA fees

Tax Description OFF SR 1105 3002/326 01/10/2008 1.6800 Acres, TR. A 2023 : RS AND JS INVESTMENTS LLC, TR. B 2026:RS AND JS INVESTMENTS LLC 2011:CHERYL S. RHODES 2023:SOLD 2.62 AC TO JONATHAN FORMYDUVAL 2023:SPLIT .04 AC TO RS AND JS INVESTMENTS LLC
Legal Description OFF SR 1105 3002/326 01/10/2008 1.6800 Acres, TR. A 2023 : RS AND JS INVESTMENTS LLC, TR. B 2026:RS AND JS INVESTMENTS LLC 2011:CHERYL S. RHODES 2023:SOLD 2.62 AC TO JONATHAN FORMYDUVAL 2023:SPLIT .04 AC TO RS AND JS INVESTMENTS LLC

Utilities

Sewer type Septic Tank
Water source Public
Listing Agency: CAROLINA SUMMIT GROUP #1
Listed By: Lee PITTMAN · License #340689
Added: Sep 24, 2025 Changed: Aug 19 Last Checked: Sep 6 at 6:06AM
MLS# 750811

Copyright © 2026 Longleaf Pine Realtors. 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 offering combines two mobile home park properties in Eastern North Carolina. Cornerstone Mobile Home Park in Jacksonville occupies approximately 1.68 acres with 13 pads and 11 existing units. The property is zoned R-8M for manufactured housing. Smiths Mobile Home Park in Chinquapin spans two tracts totaling approximately +/- 5.71 net acres and includes 8 pads with 7 existing homes. Duplin County land-use ordinances classify the Smiths property as unzoned.

Both communities use septic systems and county water, and both are located within half a mile of a Voluntary Agricultural District. The combined portfolio reports an 11% cap rate and includes physical layouts that may support future improvements or expansion, subject to applicable approvals.

Key Highlights

  • Two mobile home parks offered together in Jacksonville and Chinquapin, North Carolina
  • Cornerstone: approximately 1.68 acres, 13 pads, and 11 existing units
  • Smiths: two tracts totaling approximately +/- 5.71 net acres, with 8 pads and 7 existing homes

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Garden Center Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 28521, NC

1,952
Population
937
Households
2.1
Avg Household Size
45
Median Age
10%
College-Educated
91%
High-School Grad
41.4 sq mi
ZIP Area
47
Density / Sq Mi
$50,437
Median Household Income
$28,221
Median Earnings
$106,300
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 - Portfolio includes established manufactured housing communities in two Eastern North Carolina counties with expansion and improvement considerations.
Where is this mobile home & rv park located?
The property is located at 109 Smiths MHP Lane Chinquapin, NC.
What is the asking price?
The asking price for this property is $1,147,217.
What are key features of this property?
This property features: Two mobile home parks offered together in Jacksonville and Chinquapin, North Carolina; Cornerstone: approximately 1.68 acres, 13 pads, and 11 existing units; Smiths: two tracts totaling approximately +/- 5.71 net acres, with 8 pads and 7 existing homes
More about this property
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