Five-Park Mobile Home & RV
For Sale
Contact for pricing
Pending
716 Clermont Rd, New Bern, NC 28560
Five communities combine tenant-owned homes, park-owned homes, and vacant manufactured housing lots.
Property SizeContact for details
Days on Market189
Property Features for 716 Clermont Rd
General Information
Standard status
Pending
Class
C
Property subtype
Mobile Home Park
Occupancy
83%
Investment Type
Stabilized
Net Operating Income
$549,211
Financials
Asking Price
$7,500,000
Opportunity Zone
No
Additional Details
Utilities to Site
Yes
Multifamily Units
105
Building Details
Units
105
Listing Agency:
Marcus & Millichap - Charlotte Uptown
Listed By:
Glenn Esterson · License #GA 355850
Source:
Crexi
Added: Apr 13
Changed: Oct 9
Last Checked: Oct 16 at 9:17AM
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 Marcus & Millichap - Charlotte Uptown
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Investment Insights
Based on property information with market context.
This five-property manufactured housing portfolio in New Bern, North Carolina, includes 105 total units across a mix of tenant-owned homes, park-owned homes, and manufactured housing lots. The inventory consists of 55 tenant-owned homes, 33 rented park-owned homes, 9 vacant park-owned homes, and 8 vacant lots. Current occupancy is approximately 84%, with 88 of 105 units occupied.
Public water serves all five parks, with tenants billed directly. Four communities use public sewer, while Double R MHP relies on landlord-paid septic service. Trash service is tenant-billed at four parks; Shanks MHP uses a landlord-paid dumpster. Common areas are mowed by ownership. Three parks have paved roads and driveways, one combines paved roads with gravel driveways, and one has gravel roads and driveways. Bernwood MHP is outside a flood zone; Shanks MHP is within one, while Airport, Cook, and Double R MHP are partially within flood zones.
Public water serves all five parks, with tenants billed directly. Four communities use public sewer, while Double R MHP relies on landlord-paid septic service. Trash service is tenant-billed at four parks; Shanks MHP uses a landlord-paid dumpster. Common areas are mowed by ownership. Three parks have paved roads and driveways, one combines paved roads with gravel driveways, and one has gravel roads and driveways. Bernwood MHP is outside a flood zone; Shanks MHP is within one, while Airport, Cook, and Double R MHP are partially within flood zones.
Key Highlights
- 105 total units across five manufactured housing parks
- 55 tenant‑owned homes, 33 park‑owned homes, 9 vacant park‑owned homes, and 8 vacant lots
- Approximately 84% occupancy, with 88 of 105 units occupied
Property Analytics
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Current Use
Lease Details
105
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Explore this area
Business Placement
Demographics for 28560, NC
28,005
Population
14,165
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
92%
High-School Grad
122.6 sq mi
ZIP Area
228
Density / Sq Mi
$62,142
Median Household Income
$37,379
Median Earnings
$992
Median Rent
$191,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Five communities combine tenant-owned homes, park-owned homes, and vacant manufactured housing lots.
Where is this mobile home & rv park located?
The property is located at 716 Clermont Rd New Bern, NC.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 105 total units across five manufactured housing parks; 55 tenant‑owned homes, 33 park‑owned homes, 9 vacant park‑owned homes, and 8 vacant lots; Approximately 84% occupancy, with 88 of 105 units occupied
