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Mobile Home Park

Pink Hill MHP

100 Leighton Dr, Pink Hill, NC 28572

Listing Price: $600,000

Cap Rate
8.45%
Number of Spaces
27
Lot Size
3.29 acres
Occupancy
1.0%
Price/Space
$22,222
Spaces/Acre
8.21
Year Built
1967

Investment Overview

Marcus & Millichap are pleased to present Pink Hill MHP located at 100 Leighton Dr, Pink Hill, North Carolina. This Mobile Home Park contains 27 spaces across 3.29 acres. The subject property is located directly in front of NC-Highway 11, right near a shopping plaza containing Food Lion, China King, Subway, and Dollar General. Pink Hill is a quaint little community located in eastern North Carolina. Living in Pink Hill offers residents a suburban rural mix feel. Pink Hill Mobile Home Park is an opportunity for an investor to continue increasing Lot Rent on a low management required property. New ownership also as the opportunity to infill the seven vacant pads and renovate the Park Owned Home. The Park is on City Water & Sewer, Electric is paid by tenants.

Investment Highlights

  • Minimal Management Requirements
  • Ability to Increase Rents by +11%
  • 30 Miles from Jacksonville, NC

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Mobile Home Park

Pink Hill MHP

Listing Price: $600,000

Cap Rate
8.45%
Number of Spaces
27
Lot Size
3.29 acres
Occupancy
1.0%
Price/Space
$22,222
Spaces/Acre
8.21
Year Built
1967

Investment Highlights

  • Minimal Management Requirements
  • Ability to Increase Rents by +11%
  • 30 Miles from Jacksonville, NC

Investment Overview

Marcus & Millichap are pleased to present Pink Hill MHP located at 100 Leighton Dr, Pink Hill, North Carolina. This Mobile Home Park contains 27 spaces across 3.29 acres. The subject property is located directly in front of NC-Highway 11, right near a shopping plaza containing Food Lion, China King, Subway, and Dollar General. Pink Hill is a quaint little community located in eastern North Carolina. Living in Pink Hill offers residents a suburban rural mix feel. Pink Hill Mobile Home Park is an opportunity for an investor to continue increasing Lot Rent on a low management required property. New ownership also as the opportunity to infill the seven vacant pads and renovate the Park Owned Home. The Park is on City Water & Sewer, Electric is paid by tenants.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

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