704-765-4620
105 5 Point Rd, Rockingham, NC for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/2
null | Request Cap Rate

105 5 Point Rd
Rockingham, NC 28379


HIGHLIGHTS

  • Six-lot mobile home park with four occupied and two vacant lots, providing immediate lease-up potential.
  • Tenant-owned homes reduce maintenance obligations and ensure consistent rental income.
  • Current lot rent of $275 per month aligns with local affordability trends.
  • Low management intensity with tenants responsible for home maintenance and utilities.
  • Located in Rockingham, NC, a community with ongoing economic development and revitalization initiatives.
  • Affordable housing demand in the region supports long-term occupancy and income stability.

OVERVIEW

This property consists of a small, manageable 6-lot community that offers stable occupancy potential and a straightforward investment structure. The park operates under an all lot-rent model, with tenant-owned homes providing consistent and predictable income while eliminating responsibility for home maintenance. Current lot rent is $275 per lot per month, an affordable rate that aligns well with local market demand and supports continued occupancy. Each lot is equipped with its own septic system, reducing the need for shared infrastructure maintenance and lowering long-term operational concerns. The property benefits from a simple operating model in which tenants are responsible for maintaining their homes and covering utilities when applicable, resulting in minimal hands-on management for ownership. Operating expenses remain low, with property taxes estimated at approximately $200 per year and general liability insurance coverage in place. This limited expense variability helps support reliable and stable cash flow. Additionally, financing is available for qualified buyers, making the acquisition more accessible and flexible. As part of the affordable housing asset class, mobile home communities continue to see strong demand, particularly in markets like Rockingham. With its steady income profile, low operating costs, and passive management structure, this property presents an attractive opportunity for investors seeking a stable, cash-flowing asset with long-term income potential.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

6

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rockingham NC 6-Lot Mobile Home Park for Sale

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,148 SF

ZONING

-

APN/PARCEL ID

746403-40-4887

ASK ABOUT THIS PROPERTY

Grant BosworthOne Alliance CompaniesMore Info
704-765-4620

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Grant BosworthOne Alliance CompaniesMore Info
704-765-4620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.