0 Baths

$1,195,000

106 Homestead Park Drive, Whiteville NC, 28472

Price per sqftN/A

Property typeCommercial

Overview

Active

Listed May 11, 2026

Updated Aug 20

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.

Additional information

MLS^® ID: 100572962
Available since: May 11, 2026

Interior Features

Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 5.2 Acres

Courtesy of East Atlantic Realty LLC with Adam Hashem,
Listing Contact: 704-962-2077

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Data last updated 3:17 AM UTC, 8/20/2026