Mobile Home and RV Park
For Sale
Contact for pricing
1946 Hibernia Rd, Henderson, NC 27537
Two communities provide tenant-owned manufactured housing sites with private wells, septic systems, and individually metered electric service.
Property SizeContact for details
Lot Size40.31 Acres
Days on Market154
Property Features for 1946 Hibernia Rd
General Information
Standard status
Active
Class
C
Lot size
40.31 Acres
Property subtype
Mobile Home Park
Occupancy
98%
Investment Type
Stabilized
Net Operating Income
$257,043
Financials
Asking Price
$4,050,000
Cap Rate
6.35%
Average Monthly Rent
$293
Opportunity Zone
No
Additional Details
Utilities to Site
Yes
Multifamily Units
87
Building Details
Units
87
Listing Agency:
Marcus & Millichap - Charlotte Uptown
Listed By:
Glenn Esterson · License #GA 355850
Source:
Crexi
Added: Mar 31
Changed: Aug 30
Last Checked: Aug 30 at 3:59PM
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 Marcus & Millichap - Charlotte Uptown
Investment Insights
Based on property information with market context.
This portfolio includes two manufactured housing communities with 87 total units across Henderson, North Carolina, and Clarksville, Virginia. Hibernia MHP contains 57 lots on 32.9 acres, including 54 tenant-owned homes, 2 RV sites, and 1 vacant lot. Sunset Cove MHP includes 30 fully occupied lots on 7.41 acres, with 29 tenant-owned homes and 1 RV site. Together, the properties have 86 occupied lots and 1 vacant lot, with 98.9% occupancy and no park-owned homes.
Both communities use private well water and private septic systems. Water and sewer costs are included in rent, while electricity is individually metered and paid by tenants. Roads are privately maintained, and tenants handle trash service. The properties are positioned along the Kerr Lake corridor, with Henderson near the I-85 corridor approximately 45 miles north of Raleigh. Sunset Cove has partial flood zone exposure, while Hibernia is not in any flood zone.
Both communities use private well water and private septic systems. Water and sewer costs are included in rent, while electricity is individually metered and paid by tenants. Roads are privately maintained, and tenants handle trash service. The properties are positioned along the Kerr Lake corridor, with Henderson near the I-85 corridor approximately 45 miles north of Raleigh. Sunset Cove has partial flood zone exposure, while Hibernia is not in any flood zone.
Key Highlights
- 87 total units across two communities
- 86 occupied lots + 1 vacant lot with 98.9% occupancy
- 100% tenant‑owned homes with zero POH
Property Analytics
Current Use
Lease Details
87
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 27537, NC
23,635
Population
10,764
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
87%
High-School Grad
185.7 sq mi
ZIP Area
127
Density / Sq Mi
$52,345
Median Household Income
$35,228
Median Earnings
$915
Median Rent
$150,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Two communities provide tenant-owned manufactured housing sites with private wells, septic systems, and individually metered electric service.
Where is this mobile home & rv park located?
The property is located at 1946 Hibernia Rd Henderson, NC.
What is the asking price?
The asking price for this property is $4,050,000.
What are key features of this property?
This property features: 87 total units across two communities; 86 occupied lots + 1 vacant lot with 98.9% occupancy; 100% tenant‑owned homes with zero POH
