ChelseyBabb
SQUARE FEET16,345
MLS#100532380
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
This offering includes two value-add mobile home park investments in Eastern North Carolina. Cornerstone Mobile Home Park, located on Haws Run Road in Jacksonville, Onslow County, sits on approximately 1.68 acres and features 13 pads with 11 existing units. Zoned R-8M (Residential-8 Manufactured Housing), the property provides potential for expansion or improvements to increase income in the growing Jacksonville market. Smiths Mobile Home Park, located off Ludie Brown Road in Chinquapin, Duplin County, consists of two tracts totaling approximately +/- 5.71 net acres with 8 pads and 7 existing homes. Served by septic systems and county water, the property is considered unzoned under Duplin County land use ordinances. Both properties are within half a mile of a Voluntary Agricultural District. Combined, the parks generate an NOI of $151,087, offering a cap rate of 10%, and provide investors with strategic opportunities to enhance income in two North Carolina markets.
Property Features
Property Type: Commercial - Business
Heating: Electric
Lot Size: 7.38 Acres
Feature Descriptions
Days on Site: 196
Lot Dimensions: See Plats in MLS Docs
Parcel#: 08-2256- 1- & 08-2256- 1- 1
Sewer: Septic Tank
Water: Public
Listed By / Shown By
Listed By
Agency Name: Carolina Summit Group, LLC
Agency Phone: 910-684-5353
Shown By
Agent Name: Chelsey Babb
Agent Phone: Cell: (843) 241-5747
Agency Title: CENTURY 21 Thomas
MLS Licensed Data - Copyright 2018 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
108 Smith Mhp Lane | MLS# 100532380
This commercial property located at 108 Smith Mhp Lane, Chinquapin, NC 28521 is currently listed for sale with an asking price of $1,510,870. Search Chinquapin real estate on chelseybabb.century21thomas.com today.