Investment Overview

Marcus & Millichap is pleased to present Hardwick MHP, a 21-unit manufactured housing community located in Fayetteville, NC, the growing Cumberland County submarket of North Carolina. This stabilized with upside investment opportunity features 20 income-producing homes and 1 vacant lot. The property benefits from proximity to major job centers, including Fort Liberty (formerly Fort Bragg), Cape Fear Valley Medical Center, and downtown Fayetteville. The region is supported by a strong tenant base of military families, healthcare workers, and workforce housing renters, making this an attractive submarket for yield-focused MHC investors. The community includes 21 total lots, comprised of 16 rented park-owned homes (POH),4 tenant-owned homes (TOH), and 1 vacant manufactured housing lot. The average lot rental rate per month is $465/month and the POH rent averages $355 above lot rent. The park owned homes are an average age of 1998 and in average condition. The park operates on public water, sewer, and electric, with tenants direct-billed, significantly lowering operating expenses and simplifying collections. Trash is serviced by curbside bins that are paid for by the park and included in rent. The road is paved and privately maintained and in average shape. The park is NOT in a flood zone or an opportunity zone. With strong occupancy, public utilities, and strong in-place collections, the community provides a turnkey, clean acquisition with immediate yield and value-add potential. We are asking investors to submit offers at $1,400,000. All offers must include pricing, inspection period, funding source, and appropriate due diligence timelines.