Investing in mobile home parks in North Carolina has become increasingly attractive for real estate investors seeking stable returns, strong demand, and long-term growth potential. With a rising need for affordable housing and a market that spans from scenic mountain towns to vibrant metro areas, North Carolina offers diverse opportunities across various investment profiles. Whether you're looking for cash-flowing stabilized assets or value-add communities with major upside, the state’s manufactured housing sector is booming.

Below, we explore top mobile home parks for sale in North Carolina, highlighting income potential, occupancy rates, community types, and strategic locations.

1. Tricycle Lane LLC – Tryon, NC

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Price: $2,825,000
Net Operating Income (NOI): $215,366
Cap Rate: 7.6%% (actual)
Occupancy: 100%
Community Type: 55+
Number of Lots: 14
Size: 14 Acres

This is a pristine 55+ community featuring manufactured homes on permanent foundations along with newly built cabins and cottages. Every unit has been upgraded with new kitchen appliances, and there is zero deferred maintenance. Tenants pay on time, some even ahead of schedule, making it a highly stable, cash-flowing asset. Located just 3 miles from the Tryon International Equestrian Center and within an hour of Asheville, this community is clean, private, and offers a turnkey investment opportunity with owner-operator support available post-sale.

2. Mountain Cribbs MHC – Asheville, NC

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Price: $1,100,000
NOI: $88,349
Cap Rate: 8.0%
Occupancy: 93.3%
Community Type: All Age
Number of Units: 15 (12 MH, 2 apartments, 1 vacant lot)

Nestled in booming Asheville, Mountain Cribbs MHC offers strong upside potential with below-market rents and the opportunity to convert park-owned homes to tenant-owned. The surrounding region boasts a thriving economy and limited affordable housing options—ideal conditions for a manufactured housing investment. The property includes public water, septic sewer, private paved roads, and is free of flood zone or opportunity zone complications. Seller financing is available with 35% down.

3. Green Mountain View MHC – Lenoir, NC

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Price: $700,000
NOI: $52,753
Cap Rate: 7.5%
Occupancy: 100%
Lots: 26 pads (19 MH lots + 1 stick-built home + apartment)
Approved Expansion: Up to 65 pads

Green Mountain MHC in Lenoir is a fully occupied, 100% lot-rent community with significant expansion potential. It sits near Hickory and Blowing Rock in the Appalachian Mountains—an area seeing economic and residential growth. With sub-metered utilities and low operating costs, this property offers a great opportunity to expand and increase rents by up to 40%, making it ideal for developers and long-term investors alike.

4. Southeast MHP Portfolio – Includes 3 NC Parks

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Price: Call for Price
NOI (Portfolio): $1,601,027
Cap Rate (Avg.): ~7.4%
Total Sites: 638
Occupancy: 89%

This expansive portfolio investment includes 21 mobile home parks across five states (3 in North Carolina), totaling 638 sites. It is ideal for institutional investors or groups seeking scale, operational efficiency, and geographic diversification. With city water, tenant-paid utilities, and assumable CMBS loans on 11 of the properties, this package presents a rare opportunity to control a significant piece of the Southeast MHC market with high returns and future growth capacity.

Why Invest in North Carolina Mobile Home Parks?

North Carolina is a top-tier location for mobile home park investments due to:

Strong Demand for Affordable Housing – Major cities like Asheville, Charlotte, and Winston-Salem continue to see rent spikes, pushing more residents toward manufactured housing.
Diverse Geography – From mountain towns to suburban hubs, there’s a wide range of investment settings.
Favorable Cap Rates – Opportunities range from high-stability, high-yield properties to undervalued parks with growth potential.
Supportive Legislation – North Carolina remains landlord-friendly compared to many other states.

Final Thoughts

The mobile home parks for sale in North Carolina offer a diverse mix of investment opportunities—from fully stabilized 55+ communities to large-scale redevelopment sites. Whether you are a first-time investor or looking to scale your MHC portfolio, North Carolina continues to stand out as a high-potential real estate market.

Explore these listings and more at MobileHomeParkStore.com, and get pre-qualified to secure the best mobile home park investments today.