102 Chappin ST, Chadbourn, NC 28431
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
Listed by East Atlantic Realty LLC
$ 749,500
Est. payment | /mo

1.71 Acres Lot


Save
$ 749,500
Est. payment | /mo
Save

1.71 Acres Lot

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100572520

HOA Y/N No

Tax Year 2025

Lot Size 1.710 Acres

Acres 1.71

Property Sub-Type Multi Family

Property Description

Strong cash-flowing mobile home park investment featuring 15 total pads, offering immediate scale and built-in room for future growth. The community currently includes 13 total units (11 income-producing homes plus 1 tenant-owned lot) generating approximately $6,110/month in gross rental income, delivering strong day-one cash flow and stable, consistent monthly revenue.

Ideally positioned within driving proximity to both Wilmington, NC and Myrtle Beach, SC, this location benefits from strong regional demand drivers including coastal employment hubs, tourism activity, and ongoing housing shortages, supporting long-term tenant stability and rent growth potential.

This turnkey manufactured housing community provides investors with a highly efficient, low-overhead operation where the landlord is responsible for insurance only--no other operating expenses, significantly enhancing net cash flow and simplifying management. The property includes a mix of park-owned and tenant-owned homes with individually metered utilities, allowing tenants to pay their own utility expenses and further maximizing net operating income (NOI).

The rent roll is well-established with long-term, reliable tenants, producing a steady and predictable income stream with minimal operational involvement. Additionally, the 15-pad layout provides clear upside potential for future expansion through additional home placements or improved occupancy while maintaining strong in-place cash flow.

This mobile home park for sale is ideal for investors seeking stable cash flow, passive income, and long-term appreciation potential without heavy repositioning or redevelopment. The property performs well as-is and represents a straightforward investment in a consistently high-demand segment of the affordable housing market.

Location

State NC

County Columbus

Zoning TBD

Interior

Fireplace No

Exterior

Present Use Multi-Family,Mobile Home Park

Building

New Construction No

Others

Tax ID 0251.03-10-6118.000

Special Listing Condition Standard

Hive MLS (Classic MLS) GA

Nearby Locations

April & Cameron

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(706) 988-8310

aprillynnf@gmail.com

3730 Village Way STE 160, Braselton, Georgia, 30517, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

102 Chappin ST