Search
7-Home Mobile Home Park
New
For Sale
$1,500,000

1150 Garretts Way NE, Leland, NC 28451

Tenant-occupied homes have separate public-utility meters and long-term residents.

Property Size5,000 SF
Lot Size5.93 Acres
Price / SF$300
Days on Market6

Property Features for 1150 Garretts Way NE

General Information

Standard status Active
Size 5,000 SF
Lot size 5.93 Acres
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Gross Income $72,000
Multifamily Units 7

Building Details

Buildings 7
Listing Agency: East Atlantic Realty LLC
Listed By: Adam Hashem
Source: Pinpointnc
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 29 at 12:03PM

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 East Atlantic Realty LLC

Investment Insights

Based on property information with market context.

This mobile home park spans 5.93 acres and includes 7 park-owned homes, each occupied by a tenant. The residences are separately metered for public utilities, and most were built in the 1990s. Titles are in hand for the homes, while the property owner currently handles general liability insurance and yard maintenance.

The park is approximately 8 minutes from the Leland Walmart and U.S. Highway 17 in coastal North Carolina. The land previously operated as a 15-lot mobile home park, providing a documented basis for considering additional homes on the usable acreage. Long-term residents are already in place across the existing homes.

Key Highlights

  • 5.93‑acre mobile home park with 7 park‑owned homes
  • All 7 homes are tenant‑occupied by long‑term residents
  • Each home has a separate meter for public utilities

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Parts Store Kitchen & Bath Showroom

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

7
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 28451, NC

39,025
Population
19,672
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
172.2 sq mi
ZIP Area
227
Density / Sq Mi
$77,380
Median Household Income
$41,164
Median Earnings
$1,465
Median Rent
$315,300
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Tenant-occupied homes have separate public-utility meters and long-term residents.
Where is this mobile home & rv park located?
The property is located at 1150 Garretts Way NE Leland, 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: 5.93‑acre mobile home park with 7 park‑owned homes; All 7 homes are tenant‑occupied by long‑term residents; Each home has a separate meter for public utilities
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message