Contact Information
Mobile Home Park Details
- Price: Call for Price
- Listing ID: 6873891
- Posted On: Apr 21, 2025
- Updated On: Apr 22, 2025
Description
Sunstone is pleased to exclusively offer for sale a manufactured home community (MHC) named Schoolview totaling 92 sites in Lumberton, North Carolina. Situated in southwest Lumberton and the Fayetteville MSA, the asset has convenient access to Interstate-95 and Interstate-74. The average lot rent is $585 per month and economic occupancy is currently 35%. Physical occupancy is 96% which includes 56 new vintage, vacant park-owned homes. This is a tremendous opportunity to sell and/or lease the vacant park-owned inventory to stabilize occupancy. The community is serviced by public water and public sewer. Electric is direct billed to the residents, water and sewer are billed back, and trash is included in the lot rent.
Location
92 Manufactured Home sites
Scaled entry to the market with operational economies of scale from the portfolio
Easy access to Interstate-95; proximate to the Wilmington and Fayetteville MSAs
Property average lot rent is $585 per month with current economic occupancy of 35%
Physical occupancy is 96% which includes 56 new vintage, vacant park-owned homes
Tremendous opportunity to sell and/or lease the vacant park-owned inventory to stabilize occupancy
Property is serviced by public water and public sewer
Park Information
| Number of MH Lots: | 92 |
| Total Occupancy: | 96.0 % |
| Average MH Lot Rent: | $585 |
| Size: | 16 acre(s) |
Utility Information
| Water: | City |
| Sewer: | City |
