3172 Ashboro St Fayetteville, NC 28306

Listing agency Marcus & Millichap - Charlotte Uptown

Listed by Glenn Esterson · License #GA 355850

Source Crexi

Added: Dec 2, 2025 Updated: Jul 20 at 4:10PM Checked: Jul 21 at 9:44AM

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Investment Insights

Based on property information with market context.

Ashboro MHP is a centrally located manufactured housing community with 19 total lots. The community’s mix includes 13 tenant-owned homes (TOH), 1 park-owned home (POH), 2 rent-to-own homes (RTO), 2 vacant mobile home lots, and 1 abandoned home expected to have title shortly. Tenants are direct-billed for electric and cable, and trash is included in rent. Tenants maintain their own lawns, while the landlord is responsible for common areas.

The park operates on private well and septic systems that are in good working order and included in rent. Public utilities are available, and the community is located off Ashboro Street, a public-paved road. The property is noted as not being in a flood zone or an opportunity zone.

Current operations are supported by in-place collections and a straightforward management setup, with vacant lots underwritten and RTO units scheduled to transition within six months.

Key Highlights

• Stabilized 19‑lot manufactured housing community in Fayetteville, NC
• Lot mix includes 13 TOH, 1 POH, 2 RTO (to transition to TOH within 6 months), plus 2 vacant lots and 1 abandoned home (expected title shortly)
• In‑place rents: average TOH lot rent $404/mo; POH rents for $695/mo; RTOs paying $445/mo; vacant lots underwritten at $500/mo

Property Analytics

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FAQs

What type of property is this?

Mobile home & RV park - Stabilized 19-lot manufactured housing community with private well and septic systems and privately billed utilities.

Where is this mobile home & rv park located?

The property is located at 3172 Ashboro St Fayetteville, NC.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Stabilized 19‑lot manufactured housing community in Fayetteville, NC; Lot mix includes 13 TOH, 1 POH, 2 RTO (to transition to TOH within 6 months), plus 2 vacant lots and 1 abandoned home (expected title shortly); In‑place rents: average TOH lot rent $404/mo; POH rents for $695/mo; RTOs paying $445/mo; vacant lots underwritten at $500/mo