Three-Home Mobile Home
For Sale
$309,000
2327 Rufus Ratchford Rd, Gastonia, NC 28056
Income-producing residential property with three maintained homes on a spacious tract.
Property Size2,560 SF
Lot Size2.00 Acres
Price / SF$120.70
Days on Market63
Property Features for 2327 Rufus Ratchford Rd
General Information
Standard status
Active
Size
2,560 SF
Lot size
2.00 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/2BA
Multifamily Units
3
Additional Details
Gross Income
$43,500
Building Details
Year Built
2024
Buildings
3
Construction
mobile home
Listing Agency:
Buddy Harper Team Realty
Listed By:
Buddy Harper · License #211896
(704) 879-7155
Source:
Highperformancerea
Added: Aug 13
Changed: Oct 6
Last Checked: Oct 12 at 10:17PM
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 Buddy Harper Team Realty
Investment Insights
Based on property information with market context.
This mobile home park includes three residential units situated across 2 acres, with a combined property size of 2,560 square feet. The unit mix consists of one three-bedroom, two-bath home and two two-bedroom, two-bath homes. The homes were built in 2024 and have been maintained and rented by the current owner since 2016.
The property is located at 2327 Rufus Ratchford Rd in Gastonia, North Carolina. All three homes are currently rented, with monthly rents totaling $3,625.00. Individual monthly rents are $1,100.00 for 2327, $1,275.00 for 2329, and approximately $1,250.00 for 201.
The property is located at 2327 Rufus Ratchford Rd in Gastonia, North Carolina. All three homes are currently rented, with monthly rents totaling $3,625.00. Individual monthly rents are $1,100.00 for 2327, $1,275.00 for 2329, and approximately $1,250.00 for 201.
Key Highlights
- Three mobile homes across 2 acres
- Unit mix includes one 3 bed/2 bath home and two 2 bedroom/2 bath homes
- Combined property size of 2,560 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,084
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,680
$541.7K
Cap Rate 7%
$386,914
$386.9K
Cap Rate 9%
$300,933
$300.9K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$53.8K $21.00/SF
− Vacancy
−$4.5K −$1.76/SF
EGI
$49.2K $19.24/SF
− OpEx
−$22.2K −$8.66/SF
NOI
$27.1K $10.58/SF
Area
Gaston County, NC
Vacancy
8.40%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,680
Cap Rate 7%
$386,914
Cap Rate 9%
$300,933
Alternative Uses
Best Use
Apartment 5plus
$386.9K
$338.6K – $451.4K
NOI $27,084 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$805.7K
$705.0K – $940.0K
NOI $56,402 @ 7.0% cap · market cap 18.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 28056, NC
34,332
Population
14,415
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
90%
High-School Grad
48.3 sq mi
ZIP Area
711
Density / Sq Mi
$90,422
Median Household Income
$48,531
Median Earnings
$1,097
Median Rent
$283,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Income-producing residential property with three maintained homes on a spacious tract.
Where is this mobile home & rv park located?
The property is located at 2327 Rufus Ratchford Rd Gastonia, NC.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Three mobile homes across 2 acres; Unit mix includes one 3 bed/2 bath home and two 2 bedroom/2 bath homes; Combined property size of 2,560 square feet
