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
...
(Read more)
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, making this an attractive opportunity for investors seeking long-term upside and scale.
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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