Property summary
This well-established Bunnlevel, NC mobile home park offers a compelling investment opportunity with a 7.22% cap rate and a strong NOI of $67,744. The property encompasses 30.03 acres and features 32 pads, including 22 lot rent spaces, 3 rent-to-own homes, 5 vacant lots, and 2 vendor-purchased-owned homes. The park benefits from low operating costs, with electricity billed directly to tenants and city-provided water and sewer services. This translates to consistent cash flow and significant upside potential through the development of vacant lots or the addition of more vendor-purchased-owned homes. Located in Harnett County, near major cities like Fayetteville and Raleigh, and in close proximity to Fort Bragg, this property benefits from a strategic location within a growing market experiencing increasing demand for affordable housing. The high lot rent composition contributes to low tenant turnover and consistent rental income, further enhancing the investment's stability and long-term growth prospects. The asking price is $950,000. This property presents a rare opportunity to acquire a well-managed, income-producing asset with substantial growth potential in a desirable North Carolina location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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