115 Washburn Lake Road Reidsville, NC 27320

Listing agency CENTURY 21 THE KNOWLES TEAM

Listed by TERESA S. KNOWLES

Source Corcoran

Added: May 22, 2025 Updated: Mar 16 at 9:09AM Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This 58.8-acre property presents an opportunity to acquire an income-producing mobile home park with a private fishing retreat. Located just off Hwy 29 at Exit 149, Washburn Mobile Home Park features 31 rented lots, each generating $300 per month. The park operates with a community well and individual septic systems. Situated outside Reidsville city limits but within the city’s ETJ, the park benefits from grandfathered zoning; expansion would require a Special Use Permit. The property includes the former Washburn Lake, which was a fishing spot from 1947–2021. It features an 8-acre catfish lake, a 2-acre carp pond, a 1-acre raising pond, and a bait/tackle building. This property offers steady passive income and potential for revival or expansion.

Key Highlights

• Income‑producing mobile home park with 31 rented lots generating passive income.
• Large 58.8‑acre property featuring a former fishing retreat with multiple ponds.
• Located just off Hwy 29 at Exit 149, offering convenient access.

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park with fishing retreat near Hwy 29.

Where is this mobile home & rv park located?

The property is located at 115 Washburn Lake Road Reidsville, NC.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Income‑producing mobile home park with 31 rented lots generating passive income.; Large 58.8‑acre property featuring a former fishing retreat with multiple ponds.; Located just off Hwy 29 at Exit 149, offering convenient access.