Mobile Home Park Details

  • Listing ID: 3712728
  • Posted On: Sep 21, 2023
  • Updated On: Sep 21, 2023

Description

The NMHC Group of KW Commercial is pleased to offer the Coastal North Carolina Portfolio. This portfolio consists of 76 sites among four parks all within close proximity of each other. This offering provides investors a rare opportunity to acquire four parks consisting of all tenant-owned homes and immediate upside in rent
growth.

Butler Road MHP - 28 sites, all tenant-owned homes
Wallace Lane MHP - 21 sites, all tenant-owned homes
Jennifer Street MHP - 10 sites, all tenant-owned homes
Jenkins Court MHP - 17 sites, 16 tenant-owned homes and 1 vacant site

All four parks are serviced by city water and city sewer. The owner pays for the utilities at every park except for Jenkins Court MHP.

Wallace is a town in the Duplin and Pender counties of North Carolina. The town is situated in between Wilmington and Jacksonville further inland. Wallace is 39 miles from Wilmington and 39 miles from Jacksonville, where there are major airports in both cities. Residents in Wallace have quick access to the beaches of North Carolina, the closest being 48 miles away.

As always, this is a confidential sale. Please do not go to the community without setting up a showing appointment with the listing agents. If on site, do not under any circumstance speak with any tenants or employees.

For additional information, please contact:
Hunter Gofus hgofus@nmhcgroup.com 610.906.6857

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 76

Other Listings by Buddy Martin