2980 Burgaw Hwy - Manufactured Housing/Mobile Housing FOR SALE


Jacksonville, NC 28540
$1,975,000 USD
864-915-0849
2980 Burgaw Hwy, Jacksonville, NC for Sale
$1,975,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/8
null | Request Cap Rate

2980 Burgaw Hwy
Jacksonville, NC 28540


HIGHLIGHTS

  • Jacksonville Village provides a 47-unit mobile home park investment with a significant upside to increase lot rent.
  • The current owner has recently upgraded the community with professional landscaping and new signage visible to over 5,500 cars each day.
  • The community benefits from city water, lagoon sewers, newly paved roads, and an excellent location near local amenities and major highways.
  • Well-supported by a 10-mile population of more than 101,000, with more than 39% currently renting their homes.

OVERVIEW

Aline Capital’s MHRV team is pleased to present the exclusive opportunity to acquire Jacksonville Village Manufactured Housing Community. The 47-unit mobile home park, located in Jacksonville, North Carolina, presents a compelling investment opportunity in the growing coastal region. This well-established community is situated in a prime location, offering easy access to local amenities, major highways, and military installations. This makes it an attractive option for residents seeking affordable housing in a dynamic and expanding market. The community benefits from city water and lagoon sewers, newly paved roads, new signage visible to over 5,500 cars daily, and new community landscaping. Jacksonville, NC, is a growing city with strong economic fundamentals, largely driven by Camp Lejeune and other military-related activities. The area’s housing market is increasingly reliant on affordable housing solutions, positioning the mobile home park as a critical component of the community’s housing inventory. Jacksonville Village’s proximity to schools, shopping centers, healthcare facilities, and outdoor recreation makes it highly desirable for a broad demographic of renters. More than 39% of the 101,790 residents living within 10 miles of the property currently rent their homes, resulting in robust consumer spending on household segments that surpassed $142 million in 2024.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$2,821 USD /SF

# OF UNITS

47

PRICE/UNIT

$42,021

CAP RATE

Request Cap Rate

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jacksonville Village MHC

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.78 AC

LAND SF

861,617 SF

ZONING

-

APN/PARCEL ID

433604816758

ASK ABOUT THIS PROPERTY

Alex WillerAline CapitalMore Info
864-915-0849

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Alex WillerAline CapitalMore Info
864-915-0849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.