Four-Home Mobile Home
For Sale
$800,000
3050 Swepsonville-saxapahaw Road, Graham, NC 27253
Commercial Sale, Graham, NC
Property Size4,500 SF
Lot Size2.03 Acres
Price / SF$177.78
Days on Market48
Property Features for 3050 Swepsonville-saxapahaw Road
General Information
Property type
Commercial Sale
Property subtype
Other
Basement
Crawl Space
Standard status
Active
Size
4,500 SF
Lot size
2.03 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
3050 & 3054 SWEPS SAX RD 9-2-45
Legal Description
3050 & 3054 SWEPS SAX RD 9-2-45
Building Details
Year built
1923
Roof type
Mixed
Listing Agency:
Re/MaxDiamond Realty
(336) 516-7217
Listed By:
Dwight Epperson · License #59496
(336) 260-2189
Added: Jul 15
Changed: Aug 19
Last Checked: Aug 31 at 5:06AM
MLS# 10180340
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2.03-acre mobile home property includes four manufactured homes and approximately 4,500 square feet of property improvements. The existing setup provides a residential income configuration and may also support multigenerational living, based on the stated property features.
The offering includes parcels 151623, 151622, and 151733. Space for up to two additional manufactured home sites is identified, with any expansion subject to permitting, septic or utility approval, setbacks, and other applicable regulations. The property is located at 3050 Swepsonville-Saxapahaw Road in Graham, North Carolina, between Graham, Swepsonville, and Saxapahaw. The recorded year built is 1923, and the roof type is mixed.
The offering includes parcels 151623, 151622, and 151733. Space for up to two additional manufactured home sites is identified, with any expansion subject to permitting, septic or utility approval, setbacks, and other applicable regulations. The property is located at 3050 Swepsonville-Saxapahaw Road in Graham, North Carolina, between Graham, Swepsonville, and Saxapahaw. The recorded year built is 1923, and the roof type is mixed.
Key Highlights
- Four manufactured homes currently on site
- 2.03‑acre property
- Approximately 4,500 square feet of property improvements
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,735
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$714,700
$714.7K
Cap Rate 7%
$510,500
$510.5K
Cap Rate 9%
$397,056
$397.1K
Market Conditions
NOI Build-Up for 4,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$69.1K $15.36/SF
− Vacancy
−$4.1K −$0.92/SF
EGI
$65.0K $14.44/SF
− OpEx
−$29.2K −$6.50/SF
NOI
$35.7K $7.94/SF
Area
Alamance County, NC
Vacancy
6.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$714,700
Cap Rate 7%
$510,500
Cap Rate 9%
$397,056
Alternative Uses
Best Use
Apartment 5plus
$510.5K
$446.7K – $595.6K
NOI $35,735 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,854 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 27253, NC
32,010
Population
14,821
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
88%
High-School Grad
81.9 sq mi
ZIP Area
391
Density / Sq Mi
$62,020
Median Household Income
$39,307
Median Earnings
$975
Median Rent
$212,300
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 - Four manufactured homes create an established residential income configuration with room for potential additional sites, subject to approvals.
Where is this mobile home & rv park located?
The property is located at 3050 Swepsonville-saxapahaw Road Graham, NC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Four manufactured homes currently on site; 2.03‑acre property; Approximately 4,500 square feet of property improvements
