Listing provided courtesy of East Atlantic Realty LLCMLS# 100572520MLS Provider
  • 52 days on site
  • 3 views

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.

Source: Hive MLS, MLS#: 100572520

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Commercial Sale
  • Lot
    1.71 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Michelle LeFante

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    44
  • Population Density
    94
  • College Educated
    23%
  • Estimated Median Income
    $29,375
  • Estimated Total Home Owners
    2,231
  • Estimated Total Renters
    979
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    2
  • Total Population
    7,093
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Want to talk? Contact us here.

Want to talk? Contact us here.

Want to talk? Contact us here.

Life at 102 Chappin Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: Hive MLS Price Reduction
$649,000 -13.4%
5/8/2026Source: Hive MLS Added to Database
May 08, 2026

This site uses cookies to improve your user experience. Continuing to browse means you accept our use of cookies. Our Privacy Policy.