Income-Producing Mobile Home
For Sale
$1,500,000
115 Washburn Lake Road, Reidsville, NC 27320
Mobile home park with fishing retreat near Hwy 29.
Days on Market436
Property Features for 115 Washburn Lake Road
General Information
Standard status
Active
Listing Agency:
CENTURY 21 THE KNOWLES TEAM
Listed By:
TERESA S. KNOWLES
Source:
Corcoran
Added: May 22, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 CENTURY 21 THE KNOWLES TEAM
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 27320, NC
37,843
Population
17,876
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
244.9 sq mi
ZIP Area
155
Density / Sq Mi
$55,491
Median Household Income
$37,258
Median Earnings
$776
Median Rent
$170,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
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.
