Skip to main content

Mobile Home Park

PATRIOT PINE ESTATES

2137 Grand Prix Dr, Fayetteville, NC 28303

Listing Price: Request For Offer

Number of Spaces
16
Lot Size
4.36 acres
Occupancy
82.0%
Spaces/Acre
3.67
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to present the Patriot Pines Estates, a 16-unit Mobile Home community in Fayetteville, NC. It is located just off Bragg BLVD with direct access to Downtown Fayetteville, just 5 miles away. This community is minutes from Fort Bragg, the world's largest US military installation. Other economic generators include an Amazon shipping facility, downtown Fayetteville, Cross Creek Mall, and Fayetteville State University, to name a few. This asset provides new ownership the upside potential through continued rent growth and leasing up vacant lots. Steady growth within the Fayetteville market and solid employment gains continue to attract out-of-state capital to the Eastern North Carolina market. Fort Bragg, Carvers Creek State Park, and convenient access to Interstate 95 and 295 have solidified the area as an excellent place for investors from around the country. In addition, the site is home to many large companies, including Hendrick Automotive Group, Lockheed Martin, Booz Allen Hamilton, Unilever, and Manpower Group. The Patriot Pines Estates positioning within the market will allow investors to continue to drive rents and add new units. This parcel has space to add more units, and additional parcels adjacent to this MHC are vacant, providing a solid ability to increase the park's size.

Investment Highlights

  • Convenient to Major Interstate 95 and Downtown Fayetteville.
  • Upside Potential Through Rent Growth and Modernizing Units to Capture Renter Demand for Units near Downtown Fayetteville.
  • Convenient Locations with Easy Accessibility to Major Employers, Retail Corridors, Highways and Schools
  • Recently Renovated Interiors and Exteriors, with 9 of the 16 units 2020 or newer and the 10th unit renovated 2021

Exclusively Listed By

Mobile Home Park

PATRIOT PINE ESTATES

Listing Price: Request For Offer

Number of Spaces
16
Lot Size
4.36 acres
Occupancy
82.0%
Spaces/Acre
3.67
Year Built
2021

Investment Highlights

  • Convenient to Major Interstate 95 and Downtown Fayetteville.
  • Upside Potential Through Rent Growth and Modernizing Units to Capture Renter Demand for Units near Downtown Fayetteville.
  • Convenient Locations with Easy Accessibility to Major Employers, Retail Corridors, Highways and Schools
  • Recently Renovated Interiors and Exteriors, with 9 of the 16 units 2020 or newer and the 10th unit renovated 2021

Investment Overview

Marcus & Millichap is pleased to present the Patriot Pines Estates, a 16-unit Mobile Home community in Fayetteville, NC. It is located just off Bragg BLVD with direct access to Downtown Fayetteville, just 5 miles away. This community is minutes from Fort Bragg, the world's largest US military installation. Other economic generators include an Amazon shipping facility, downtown Fayetteville, Cross Creek Mall, and Fayetteville State University, to name a few. This asset provides new ownership the upside potential through continued rent growth and leasing up vacant lots. Steady growth within the Fayetteville market and solid employment gains continue to attract out-of-state capital to the Eastern North Carolina market. Fort Bragg, Carvers Creek State Park, and convenient access to Interstate 95 and 295 have solidified the area as an excellent place for investors from around the country. In addition, the site is home to many large companies, including Hendrick Automotive Group, Lockheed Martin, Booz Allen Hamilton, Unilever, and Manpower Group. The Patriot Pines Estates positioning within the market will allow investors to continue to drive rents and add new units. This parcel has space to add more units, and additional parcels adjacent to this MHC are vacant, providing a solid ability to increase the park's size.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower