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2865 Hope Church Rd 14 Unit Apartment Building $549,000 ($39,214/Unit) Winston-Salem, NC 27127
Investment Highlights
- Established 14-pad mobile home park in high-demand corridor
- Reliable tenant base with potential for occupancy optimization
- Opportunity for value-add improvements and long-term growth
- Strong regional demographics and proximity to Winston Salem/Triad region
- Convenient access to major highways and local retail amenities
Executive Summary
Rare opportunity to own an established 14-unit mobile home park in a high-demand rental area, ideally positioned just off Stratford and Fraternity Church Roads in Winston Salem, NC. This income-generating property includes 13 park-owned manufactured homes and 1 vacant lot, offering immediate cash flow and room for growth. Located minutes from both Winston-Salem and Clemmons, the park enjoys strong rental demand thanks to its proximity to Clemmons Middle School, Ward Elementary, and a wide array of retail and dining options along Stratford Road. Currently, 11 units are occupied on month-to-month leases, providing flexibility for new ownership as well as rent increase. An adjacent parcel at 2873 Hope Church Rd (MLS#1187628), featuring a 2BR/1BA single-family home, is also available and presents a valuable opportunity to expand your portfolio with a versatile rental option.
Property Facts Under Contract
| Price | $549,000 | Apartment Style | Garden |
| Price Per Unit | $39,214 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.11 AC |
| No. Units | 14 | Building Size | 11,605 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1995 |
| Zoning | RS9 - MHP | ||
| Price | $549,000 |
| Price Per Unit | $39,214 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.11 AC |
| Building Size | 11,605 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Zoning | RS9 - MHP |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
1 1
Property Taxes
| Parcel Number | 6803-31-4433 | Improvements Assessment | $244,900 |
| Land Assessment | $114,200 | Total Assessment | $359,100 |
Property Taxes
Parcel Number
6803-31-4433
Land Assessment
$114,200
Improvements Assessment
$244,900
Total Assessment
$359,100
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2865 Hope Church Rd
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