USANCChadbournNot in Subdivision102 Chappin St
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102 Chappin St, Chadbourn, NC

House

For Sale

Listed price in listed location currency (USD).
$749,500

000

MLS® 100572520

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 0
MLS® Number 100572520

Property Address: 102 Chappin St, Chadbourn, NC, 28431-1755

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number100572520
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age0
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$749,500List Price
  • Commute

Commute

Starting Address
Destination Address
102 Chappin St, Chadbourn, NC

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