NC > Chinquapin
Chinquapin, NC 28521,109 Smiths MHP Lane
Chinquapin, NC 28521,109 Smiths MHP Lane
Chinquapin, NC 28521,109 Smiths MHP Lane
Chinquapin, NC 28521,109 Smiths MHP Lane
Chinquapin, NC 28521,109 Smiths MHP Lane
Chinquapin, NC 28521,109 Smiths MHP Lane
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
1
Nov
Sun
2
Nov
Mon
3
Nov
Jason Walters

Jason Walters

+1(252) 904-0357
Listed by CAROLINA SUMMIT GROUP #1
$ 1,510,870
Est. payment | /mo
Save
$ 1,510,870
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID LP750811

Property Sub-Type Multi Family

Source Triangle MLS

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.

Location

State NC

County Duplin

Zoning OTHER - Other

Exterior

Private Pool No

Building

Sewer Septic Tank

Structure Type Unknown

Others

Senior Community No

Tax ID 082256 1 & 082256 1 1

Special Listing Condition Standard

Doorify MLS / Triangle MLS
Jason Walters

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jason Walters Real Estate brokered by eXp, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

109 Smiths MHP Lane

QUICK SEARCH