Listing Agency: Larry Cavallaro

Listed By: Larry Cavallaro · License #BK234279

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:50PM

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Investment Insights

Based on property information with market context.

Shady Oaks is a mobile home park established in 1966 and located at 120 S Frazier Rd in Mebane, North Carolina. The property has maintained 100% occupancy since opening, with no recorded pull-outs during that period.

The park sits between Mebane and Hillsborough, with access to Interstate 40/85 and regional destinations including Durham, Chapel Hill, Raleigh, and Elon. Duke University and Elon University are also identified among the surrounding area’s major institutions. Rent payments are made through Walmart, and the property has been managed remotely from Florida.

Key Highlights

• Mobile home park established in 1966
• 100% occupied since inception
• No pull‑outs since the park opened

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply Pharmacy Big Box & Wholesale Store Garden Center Grocery & Convenience Store Auto Parts Store

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

100%

Occupancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

69

Businesses Nearby

Explore this area Business Placement

Demographics for 27302, NC

33,237

Population

14,997

Households

2.2

Avg Household Size

40

Median Age

34%

College-Educated

90%

High-School Grad

114.7 sq mi

ZIP Area

290

Density / Sq Mi

$81,875

Median Household Income

$45,502

Median Earnings

$1,130

Median Rent

$275,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this mobile home & rv parks located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Longstanding park with full occupancy and convenient access to Interstate 40/85.

Where is this mobile home & rv park located?

The property is located at 120 S Frazier Rd Mebane, NC.

What are key features of this property?

This property features: Mobile home park established in 1966; 100% occupied since inception; No pull‑outs since the park opened