67 Ervin McNeill St - Manufactured Housing/Mobile Housing FOR SALE


Bunnlevel, NC 28323
$950,000 USD
605-390-1975
67 Ervin McNeill St, Bunnlevel, NC for Sale
$950,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/3
null | Request Cap Rate

67 Ervin McNeill St
Bunnlevel, NC 28323


HIGHLIGHTS

  • Stable Income with High Lot Rent Composition
  • Upside Potential from Vacant Lots and Development
  • Proximity to Key Economic Hubs and Military Installations
  • Low Operating Costs and Efficient Utility Management

OVERVIEW

Marcus & Millichap is pleased to present Bunnlevel MHP, a well-established manufactured home park located in Bunnlevel, North Carolina. This property consists of 32 total pads, including 22 lot rent spaces, 3 Rent-to-Own (RTO) homes, 5 vacant lots, and 2 Vendor-Purchased-Owned Homes (VPOH). The park is efficiently managed with electricity billed directly to tenants, while water and sewer services are provided by the city. Bunnlevel MHP represents an excellent investment opportunity with stable income, development upside, and strong market fundamentals. With its mix of lot rent spaces, vacant lots, and low operational costs, this property offers both steady cash flow and the potential for long-term appreciation in a growing North Carolina market. Bunnlevel, located in Harnett County, is a growing town in central North Carolina, strategically situated near major cities such as Fayetteville and Raleigh. This proximity to regional economic centers, combined with a lower cost of living, makes Bunnlevel an attractive location for residents seeking affordable housing options. The area is experiencing steady growth in population and housing demand, driven by an expanding local economy and proximity to Fort Bragg, one of the largest military installations in the world. As demand for affordable housing continues to rise, particularly in suburban and rural areas like Bunnlevel, the manufactured home sector is poised for growth, making Bunnlevel MHP a solid investment opportunity.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$48 USD /SF

# OF UNITS

32

PRICE/UNIT

$29,688

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bunnlevel MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

30.03 AC

LAND SF

1,308,107 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nick LoreMarcus & MillichapMore Info
605-390-1975

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Nick LoreMarcus & MillichapMore Info
605-390-1975

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