Two Mobile Home Park Investment

629 Howard Rd, Jacksonville, NC 28540

View on Map

For Sale

$1,147,217

Two value-add manufactured housing parks with existing pads and units, offering room to expand or improve operations across two Eastern NC markets.

HighLights

Two manufactured housing park investments in Eastern North Carolina with value‑add opportunities to increase income.
Cornerstone Mobile Home Park (Jacksonville, Onslow County): ~1.68 acres with 13 pads and 11 existing units.
Cornerstone is zoned R‑8M (Residential‑8 Manufactured Housing).
Smiths Mobile Home Park (Chinquapin, Duplin County): +/- 5.71 net acres across two tracts with 8 pads and 7 existing homes.
Smiths Mobile Home Park is served by septic systems and county water and is unzoned under Duplin County land use ordinances.
Combined: NOI of $126,194 and 11% cap rate.

We can help!

Listing Contact

Lee Pittman

Learn more

For Sale

$1,147,217

Two value-add manufactured housing parks with existing pads and units, offering room to expand or improve operations across two Eastern NC markets.

Added:: Sep 24, 2025
Days on Market:: 265
Last Refresh:: Jun 11 at 2:19 am

Property Features for 629 Howard Rd

General Information

Standard status: Active

We can help!

Listing Contact

Lee Pittman

Listing agent Lee Pittman License #340689

Listing office Carolina Summit Group, LLC

Listing date Sep 24, 2025

Source Exprealty

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 Carolina Summit Group, LLC

HighLights

Two manufactured housing park investments in Eastern North Carolina with value‑add opportunities to increase income.
Cornerstone Mobile Home Park (Jacksonville, Onslow County): ~1.68 acres with 13 pads and 11 existing units.
Cornerstone is zoned R‑8M (Residential‑8 Manufactured Housing).
Smiths Mobile Home Park (Chinquapin, Duplin County): +/- 5.71 net acres across two tracts with 8 pads and 7 existing homes.
Smiths Mobile Home Park is served by septic systems and county water and is unzoned under Duplin County land use ordinances.
Combined: NOI of $126,194 and 11% cap rate.

Overview

This offering includes two value-add mobile home park investments in Eastern North Carolina. Cornerstone Mobile Home Park is located on Haws Run Road in Jacksonville, Onslow County, on approximately 1.68 acres with 13 pads and 11 existing units. The property is zoned R-8M (Residential-8 Manufactured Housing), supporting potential for expansion or improvements. Smiths Mobile Home Park includes two tracts totaling approximately +/- 5.71 net acres in Chinquapin, Duplin County, with 8 pads and 7 existing homes.

Smiths is served by septic systems and county water and is considered unzoned under Duplin County land use ordinances. Both parks are within half a mile of a Voluntary Agricultural District, providing context for the surrounding land-use environment.

The combined package is reported to generate an NOI of $126,194 with a 11% cap rate, offering investors a structured way to evaluate improvements and operational enhancements across two markets. Cornerstone’s R-8M zoning and pad count provide a clear basis for potential site work and underwriting assumptions tied to its existing manufactured housing configuration. Smiths’ septic and county water service supports consideration of ongoing utility management and resident operations within its two-tract layout and current pad inventory.

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Location Insight

Map
Local Demand

City: Jacksonville
County: Onslow
State: North Carolina
Longitude: -77.489053
Latitude: 34.84077

Nearby Similar for Sale

$330,000

3,200 SF

High-Visibility Commercial Property in Jacksonville

3,200 SF commercial property in a high-traffic Jacksonville corridor.

210 Henderson Drive, Jacksonville, NC 28540

View Details
$299,000

2,648 SF

Functional Office Building in Jacksonville

Move-in ready office building in established Jacksonville business area.

200 Henderson Drive, Jacksonville, NC 28540

View Details
$495,000

2,019 SF

Downtown Jacksonville Commercial Building

Versatile commercial building in downtown Jacksonville with ample parking.

204 E Bayshore Boulevard, Jacksonville, NC 28540

View Details
$249,000

1,500 SF

Renovated Duplex in Jacksonville, NC

Completely renovated duplex with income potential near shopping and dining.

520-522 Williams Street, Jacksonville, NC 28540

View Details
$260,000

1,450 SF

Charming Duplex in Jacksonville, NC

Duplex with 2-bedroom, 1-bath units in central Jacksonville.

1216-1218 Davis Street, Jacksonville, NC 28540

View Details
$1,147,217

16,345 SF

Mobile Home Park Investment Portfolio

Two value-add mobile home parks with existing pads and utilities, offering income through residential manufactured-housing tenancy.

629 Haws Run Road, Jacksonville, NC 28540

View Details
$249,000

1,500 SF

Jacksonville Duplex: Income Potential

Tenant-occupied duplex near amenities, offering immediate income potential.

500-502 Williams Street, Jacksonville, NC 28540

View Details
$275,000

1,816 SF

Jacksonville Duplex: Investment Opportunity

Well-maintained duplex in Jacksonville, fully occupied, generating immediate rental income.

141 & 143 Marlene Drive, Jacksonville, NC 28546

View Details
$249,000

1,553 SF

Updated Duplex in Jacksonville, NC

Updated duplex near Camp Lejeune, ideal for investors or owner-occupiers.

2266-2268 Onslow Drive, Jacksonville, NC 28540

View Details
$250,000

1,583 SF

Well-Maintained Duplex Near Camp Lejeune

Duplex near Camp Lejeune with updated interiors and strong rental potential.

320-322 Starling Street, Jacksonville, NC 28540

View Details
$4,500,000

4,500 SF

Versatile Commercial Property on Highway

Flex building with warehouses on a 7-acre site.

3950 New Bern Highway, Jacksonville, NC 28546

View Details
$850,000

2,520 SF

Established Restaurant Building For Sale

Restaurant building on corner lot with existing infrastructure.

1301 Gum Branch Road, Jacksonville, NC 28540

View Details

What type of property is this?

Mobile home & RV park - Two value-add manufactured housing parks with existing pads and units, offering room to expand or improve operations across two Eastern NC markets.

Where is this mobile home & rv park located?

The property is located at 629 Howard Rd Jacksonville, NC.

What is the asking price?

The asking price for this property is $1,147,217.

What are key features of this property?

This property features: Two manufactured housing park investments in Eastern North Carolina with value‑add opportunities to increase income.; Cornerstone Mobile Home Park (Jacksonville, Onslow County): ~1.68 acres with 13 pads and 11 existing units.; Cornerstone is zoned R‑8M (Residential‑8 Manufactured Housing).