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1168 Little Farm Ln 14 Unit Mobile Home Park $1,700,000 ($121,429/Unit) 8.47% Cap Rate Williamston, NC 27892
Executive Summary
LittleFarm LaneMobile Home Community is a fully occupied 14-lot manufactured housing community on 13.8 acres in Williamston, NC. All 14 homes carry a Class 3 wind and climate rating the top tier for manufactured housing construction and appearance standards. With gross annual income exceeding $150,000, 100% occupancy, individual septic per lot, separately metered electric, and a community well with dual pump houses and four bladder tanks, this asset delivers stable, low maintenance cash flow. All homes have been converted to real property with VIN numbers retired. Two rents increased March 2026 with $50$100/unit/month upside remaining. Offered at 8.47% CAP rate.
Property Facts
| Price | $1,700,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $121,429 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.47% | Building Size | 9,800 SF |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1990 |
| Zoning | A | ||
| Price | $1,700,000 |
| Price Per Unit | $121,429 |
| Sale Type | Investment |
| Cap Rate | 8.47% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Building Size | 9,800 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Zoning | A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | - | 700 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $59,760 | |
| Land Assessment | $107,900 | Total Assessment | $167,660 |
Property Taxes
Parcel Numbers
Land Assessment
$107,900
Improvements Assessment
$59,760
Total Assessment
$167,660
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1168 Little Farm Ln
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