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About This Home

This 0-bedroom, 0-bathroom residential multi family at 629 Haws Run Road in Jacksonville, NC is listed for $1,510,870 ($92 per sqft). the home offers 16,345 sqft of living space on a 7.38 acres lot.

Agent Description

This offering includes two value-add mobile home park investments in Eastern North Carolina. Cornerstone Mobile Home Park, located on Haws Run Road in Jacksonville, Onslow County, sits on approximately 1.68 acres and features 13 pads with 11 existing units.

Zoned R-8M (Residential-8 Manufactured Housing), the property provides potential for expansion or improvements to increase income in the growing Jacksonville market. Smiths Mobile Home Park, located off Ludie Brown Road in Chinquapin, Duplin County, consists of two tracts totaling approximately +/- 5.71 net acres with 8 pads and 7 existing homes.

Served by septic systems and county water, the property is considered unzoned under Duplin County land use ordinances. Both properties are within half a mile of a Voluntary Agricultural District. Combined, the parks generate an NOI of $151,087, offering a cap rate of 10%, and provide investors with strategic opportunities to enhance income in two North Carolina markets.

Key Features

  • 7.38 acre lot

Monthly Cost Estimate

$8,080/mo

20% down · 6.5% · 30 years

Principal$1,093
Interest$6,547
Insurance$441

Estimates only. Actual payments may vary.

Location

629 Haws Run Road

Jacksonville, NC 28540

Not In Subdivision

Property Details

Heating

Electric (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 629 Haws Run Road is listed at $1,510,870 ($92/sqft). The estimated monthly payment is $6,547 based on 20% down at 6.5% interest.

Key features include: 7.38 acre lot.

This property is listed by Lee Pittman and can be reached at 9106388108 or lee@csgnc.com.

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LP

Lee Pittman

Agent at Carolina Summit Group, LLC

(910) 638-8108

Listed by Carolina Summit Group, LLC

MLS# 100532377· Source: listhub· Updated 200 days ago

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629 Haws Run Road, Jacksonville, NC 28540

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