Mobile Home Income
For Sale
Contact for pricing
5929 MOURGLEA AVE, Connelly Springs, NC 28612
Four updated singlewide mobile homes generate rental income and share landlord-provided water, lawn care, and dumpster service.
Property Size3,668 SF
Price / SF$79.06
Days on Market91
Property Features for 5929 MOURGLEA AVE
General Information
Standard status
Active
Size
3,668 SF
Property subtype
Land, Mobile Home Park
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$35,200
Additional Details
Multifamily Units
4
Building Details
Units
4
Tenancy
Multi
Listing Agency:
C Rice and Associates
Listed By:
Caleb Rice · License #NC 299802
(828) 502-9197
Source:
Crexi
Added: Jun 8
Changed: Aug 14
Last Checked: Sep 5 at 4:45PM
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 C Rice and Associates
Investment Insights
Based on property information with market context.
This for-sale investment property includes four well-maintained 1990s singlewide mobile homes, each updated by the current owner. Recent improvements across the homes include carpet, flooring, paneling, paint, interior and exterior doors, vanities and toilets, and water heaters, along with many appliances. Each unit is equipped with a heat pump. The property is tenant occupied, so please allow at least 24 hours for showings, and the landlord will ask a tenant or two to accommodate access.
Located just south of Rutherford College and Valdese, the site sits at the foot of Mineral Springs Mountain, just outside the town limits. The landlord provides town water, handles lawn care, and maintains a shared dumpster. Tenants are responsible for all other utilities, and each home is on its own septic system.
The units currently generate $3,200 per month in rental income ($38,400 per year). Additional units may be shown to serious, qualified buyers.
Located just south of Rutherford College and Valdese, the site sits at the foot of Mineral Springs Mountain, just outside the town limits. The landlord provides town water, handles lawn care, and maintains a shared dumpster. Tenants are responsible for all other utilities, and each home is on its own septic system.
The units currently generate $3,200 per month in rental income ($38,400 per year). Additional units may be shown to serious, qualified buyers.
Key Highlights
- Four singlewide mobile homes, all tenant occupied, currently generating $3,200/month ($38,400/year) in rental income
- Recent updates include carpet, flooring, paneling, paint, interior and exterior doors, vanities and toilets, and water heaters plus many appliances
- Each home has its own heat pump
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 28612, NC
11,835
Population
5,449
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
84%
High-School Grad
80.0 sq mi
ZIP Area
148
Density / Sq Mi
$56,007
Median Household Income
$36,678
Median Earnings
$787
Median Rent
$159,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Four updated singlewide mobile homes generate rental income and share landlord-provided water, lawn care, and dumpster service.
Where is this mobile home & rv park located?
The property is located at 5929 MOURGLEA AVE Connelly Springs, NC.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Four singlewide mobile homes, all tenant occupied, currently generating $3,200/month ($38,400/year) in rental income; Recent updates include carpet, flooring, paneling, paint, interior and exterior doors, vanities and toilets, and water heaters plus many appliances; Each home has its own heat pump
