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Mobile Home Park Details

  • Price: Call for Price
  • Land: This is land for developing a mobile home park
  • Listing ID: 6789756
  • Posted On: Dec 13, 2024
  • Updated On: Dec 13, 2024

Description

The Esterson MHC Team is pleased to present this development opportunity, Prophecy Rd RV Development. This shovel-ready, 139-lot, permitted RV park on approximately 31.17 acres, is located just 30 minutes east of downtown Raleigh NC, MSA. Raleigh, the capital city of North Carolina, offers an exceptional opportunity for RV park development, combining a vibrant economy, growing tourism, and a high quality of life. As part of the Research Triangle region, Raleigh is renowned for its strong job market, top-tier universities, and thriving tech and healthcare sectors.

Prime Development Opportunity: This potential ‘Class A’ community site is comprised of 30+ acres of fee-simple land, fully entitled for a 139-lot RV community. The development has the potential to include amenities such as a clubhouse, community pool, playground, bath houses, and recreational spaces, making it an attractive destination, resort-style park. With a rare combination of proximity to a major metro and scenic beauty, this park offers a uniquely broad appeal to various tenant profiles, allowing residents to enjoy nature while still being close to urban amenities and essential services.

Strategic Location and Accessibility: Situated in Middlesex, NC, this property provides easy access to Highway 264, which connects Raleigh with Wilson. It’s also 15 minutes off I-95, which is used by 100 million travelers annually, making it one of the most heavily traveled highways in the United States. I-95 functions as a major connection to other interstates and primary highways like I-10, I-20, I-40, I-64, and I-85. The site’s prime location also offers convenient access to Downtown Raleigh (30 minutes away) and all the benefits of a major metro. With its close proximity to the core of Raleigh, and ease of access to one of the country’s busiest highways, Prophecy Rd presents an excellent opportunity for a high-quality RV development.

DEVELOPMENT POTENTIAL

The Prophecy Rd RV site would be comprised of 139 RV lots and offers the opportunity to develop a resort style RV Park, including sought after amenities within North Carolina’s most prominent market. Initial estimates suggest that completed sites could achieve blended market rental rates of over $1000 per month. Local comps exhibit the ability to capture daily rent of $60-$70, weekly rent of $400-$500 and monthly rent of $800+. This park would be serviced by septic and well, and the well is already in place with water quality tested “good”. The land has been cleared and now shovel ready.

All Nash County development plans are included to allow ease of project continuation. This includes Engineering Plan, Site Plan and RV Zoning Park permits and approvals. As well as Electrical, Water, Well and Driveway permits.

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Park Information

Number of MH Lots: 139
Size: 30 acre(s)

Utility Information

Water: Well
Sewer: Treatment Plant

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