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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 1.45 AC
Building Size 2,500 SF
No. Stories 1
Year Built 1990
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -

Property Taxes

Property Taxes

Parcel Number
746403-40-4887
Land Assessment
$13,200
Improvements Assessment
$9,277
Total Assessment
$22,477
  • Listing ID: 39640540

  • Date on Market: 3/3/2026

  • Last Updated:

  • Address: 105 5 Point Rd, Rockingham, NC 28379

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