Property Description

WOW — This is a true value-add mobile home park opportunity with public utilities already in place, eliminating any concerns about septic systems. The property consists of 36 total pads and sits on over 5 acres, offering substantial upside potential. Currently, there are 21 occupied homes, including 17 park-owned homes and 4 tenant-owned homes, with 15 vacant pads available for immediate expansion and increased income. The current gross rent roll is approximately $14,000 per month, which includes one tenant receiving a discounted rate in exchange for landscaping services. Located approximately one hour from both Wilmington and Myrtle Beach, and just 2 miles from Truist Headquarters in Whiteville, the asset is positioned in a strong growth corridor with multiple demand drivers. This property presents an ideal opportunity to hold now and pursue development approvals or expand by bringing in up to 15 additional trailers to create a true cash-flowing asset. Seller financing is available, making this an attractive opportunity for investors seeking long-term upside and scale.

Features
: Electric
Address Map
US
NC
Columbus
Whiteville
28472
Homestead Park
106
Drive
W79° 18' 38.9''
N34° 20' 11.4''
Directions to Property: From Jefferson Street, turn on Davis Avenue by Exxon, go 0.2 mile, Davis Ave is on left.
Mobile Home
MLS Addon
East Atlantic Realty LLC
Adam Hashem
Yes
Yes
$0
Additional Information
MobileTrailer Park
IRREGULAR
2026-05-11
Listing Information
579514011
579503551
1031 Exchange,Assumable,Cash,Seller Financing
Active
2026-05-12T17:54:19Z
HiveMLS
: Standard
2026-05-11T19:44:28Z

106 Homestead Park

106 Homestead Park Drive, Whiteville, North Carolina None

5.20 Acre
$1,400,000
Listing ID #100572962
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
MLS ID : b71f00d3ecefbf9404e9dd947fdf994d
Listing ID : 100572962
Price : $1,400,000
Lot Area : 5.20 Acre
Status : Active
Agent info
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