Pine Terrace is a 38 pad manufactured housing community located in
Wadesboro, North Carolina operating on public water and sewer. Of these 38
pads, 26 are currently occupied by park owned homes, with an additional 2
homes currently being used as an office and park storage (non-revenue units).
Ownership is also currently responsible for paying water off of a single meter
which represents an opportunity for new owners to sub-meter in year 1,
eliminating an annual $10,000+ expenses.

- 38 pads occupied by 26 park owned homes (26 POHs, 1
office trailer, 1 storage trailer, and 10 empty pads).
- Public water/Sewer.
- Single metered water paid by current ownership.
- Gravel Roads.
- 10 empty pads representing opportunity for new ownership to
boost revenue by roughly 25%.