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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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102 Chappin St , Chadbourn, NC 28431
$649,000
Est. Payment: $3,344.43/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 33
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Adam Hashem , 704-962-2077 East Atlantic Realty LLC , 704-962-2077. Hive MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
1.71

County

Columbus

Neighborhood

Not In Subdivision

Listing ID

100572520

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:IRREGULAR
Zoning:TBD
Principal Interest
$3,344
Taxes
$414

Home Price

$649,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$129,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,344.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,344.43 $413.74 $0.00 $3,758.17
Yearly $40,133.17 $4,964.85 $0.00 $45,098.02
Total $1,203,995.02 $148,945.50 $0.00 $1,352,940.52

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Chadbourn, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-01T19:50:55.000Z

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