Property 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.

Address Map
US
NC
Columbus
Chadbourn
28431
Chappin
102
Street
W79° 10' 15.8''
N34° 19' 38.6''
Take 74/76 to Chadbourn At stoplight turn left onto N Brown St Turn right onto W 5th Ave Turn right onto Chappin St
TBD
MLS Addon
East Atlantic Realty LLC
Adam Hashem
Yes
Yes
$0
Additional Information
: Multi-Family, Mobile Home Park
IRREGULAR
12
2026-05-08
749500
Listing Information
579514011
579503551
Active
2026-06-09T15:24:09Z
HiveMLS
: Standard
2026-05-08T18:48:58Z

102 Chappin

102 Chappin Street, Chadbourn, North Carolina 28431

1.71 Acre
$649,000
Listing ID #100572520
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
MLS ID : 71dc092338e0207df260593fe1173875
Listing ID : 100572520
Price : $649,000
Lot Area : 1.71 Acre
Status : Active
Property Sub Type : Multi Family
Agent info
Contact Agent