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Mobile Home Park Investment
For Sale
$750,000
Pending

5873 Jenkins Road, Morganton, NC 28655

Turnkey mobile home park with 15 of 20 units rented.

Property SizeContact for details
Days on Market149

Property Features for 5873 Jenkins Road

General Information

Standard status Pending
Property subtype Commercial

Amenities

Rolling Slope

Building Details

Year Built 9999
Listing Agency: REALTY EXECUTIVES OF HICKORY
Listed By: ALAN LONG · License #250201
Source: Corcoran
Added: Mar 26 Changed: Aug 8 Last Checked: Jul 23 at 7:43AM

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 REALTY EXECUTIVES OF HICKORY

Investment Insights

Based on property information with market context.

This mobile home park, located near Morganton, presents an investment opportunity. The property features 20 total units, with 15 currently rented, providing consistent cash flow. The seller owns both the land and the homes. The property is positioned for long-term performance due to strong demand for reasonable rent and limited inventory in the area. This is a turnkey opportunity for investors seeking stable income in a growing affordable housing market.

Key Highlights

  • Turnkey mobile home park with immediate and consistent cash flow from 15 rented units.
  • Strong return potential in a growing affordable housing market near Morganton.
  • Seller owns both the land and the mobile homes.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 28655, NC

55,328
Population
24,542
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
84%
High-School Grad
325.0 sq mi
ZIP Area
170
Density / Sq Mi
$53,464
Median Household Income
$34,191
Median Earnings
$827
Median Rent
$170,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Turnkey mobile home park with 15 of 20 units rented.
Where is this mobile home & rv park located?
The property is located at 5873 Jenkins Road Morganton, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Turnkey mobile home park with immediate and consistent cash flow from 15 rented units.; Strong return potential in a growing affordable housing market near Morganton.; Seller owns both the land and the mobile homes.
More about this property
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