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Mobile Home Park Investment Opportunity
For Sale
$1,000,000

1060 Old Ballpark Rd, Spindale, NC 28160

Mobile home park with 41 lots near Tryon Equestrian.

Property SizeContact for details
Days on Market175

Property Features for 1060 Old Ballpark Rd

General Information

Standard status Active
Listing Agency: Dalton Wade, Inc.
Listed By: Todd Leoni · License #A12077642
Source: Highperformancerea
Added: Mar 24 Changed: Sep 10 Last Checked: Sep 13 at 4:06PM

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 Dalton Wade, Inc.

Investment Insights

Based on property information with market context.

This mobile home park in Spindale offers an investment opportunity with 41 permitted lots, of which 25 are currently occupied with tenant-owned homes. The property is zoned for an RV park and is located one exit away from the Tryon Equestrian Center. The seller owns the land, and tenants own their homes. All lots are on city sewer and water service, offering a turnkey opportunity for investors seeking stable income in a growing affordable housing market. This property is positioned for long-term performance.

Key Highlights

  • Permitted for 41 pads with 25 currently rented, providing immediate income and growth potential.
  • Value‑add opportunity for redevelopment.
  • Seller owns the land only, reducing maintenance responsibilities.

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Hair Salon Nail Salon Spa & Massage 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

266
Businesses Nearby

Demographics for 28160, NC

3,869
Population
1,953
Households
2
Avg Household Size
40
Median Age
15%
College-Educated
84%
High-School Grad
5.5 sq mi
ZIP Area
703
Density / Sq Mi
$38,625
Median Household Income
$32,043
Median Earnings
$692
Median Rent
$121,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mobile home park with 41 lots near Tryon Equestrian.
Where is this mobile home & rv park located?
The property is located at 1060 Old Ballpark Rd Spindale, NC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Permitted for 41 pads with 25 currently rented, providing immediate income and growth potential.; Value‑add opportunity for redevelopment.; Seller owns the land only, reducing maintenance responsibilities.
More about this property
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