106 Homestead Park Drive, Whiteville, NC 28472 (MLS# 100572962)

106 Homestead Park Drive, Whiteville, NC 28472

$1,195,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 226,512 Status: Active
Current Price: $1,195,000 List Date: 5/11/2026 Last Modified: 8/12/2026

Overview

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, ...

Listing Details MLS# 100572962

Contract Info

Available Date
2026-05-11
Delayed Marketing?
No
Marketing Start Date
2026-05-11
Garage
Masterlock
Listing Price
1195000
Stipulation of Sale
Standard

Location Information

Street #
106
Street Name
Homestead Park
Street Suffix
Drive
County
Columbus
State/Province
NC
Zip Code
28472
City Limits
Yes
Marketing City
Whiteville
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Directions to Property: From Jefferson Street, turn on Davis Avenue by Exxon, go 0.2 mile, Davis Ave is on left.
Sign on Property
No

Building Info

New Construction
No

Legal and Taxes

Tax Assessed Value
142900
Legal
Homestead Mobile Home Park
Broker Owner
No
PID
0291.03-33-8620.000
Tax Identifier
0291.03-33-8620.000
Total Real Estate Property Taxes
1079.93
Special Assessments
n/a
Tax Year
2025
Zoning
Mobile Home
Cobra Zone
No

More Information

Property Features

Business Type: Mobile/Trailer Park Heating System Fuel Source: Electric; Other Terms: 1031 Exchange; Assume; Cash; Seller Financing
IDX
Listing Office: East Atlantic Realty LLC
Last Updated: August - 12 - 2026
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