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Cornerstone MHP
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108 Smith Mhp LaneChinquapin, NC 28521

  • Multi Family
  • $1,510,870
  • 16,345 SQFT

This offering includes two value-add mobile home park investments in Eastern North Carolina. Cornerstone Mobile Home Park, located on Haws Run Road in Jacksonville, Onslow County, sits on approximately 1.68 acres and features 13 pads with 11 existing units. Zoned R-8M (Residential-8 Manufactured Housing), the property provides potential for expansion or improvements to increase income in the growing Jacksonville market. Smiths Mobile Home Park, located off Ludie Brown Road in Chinquapin, Duplin County, consists of two tracts totaling approximately +/- 5.71 net acres with 8 pads and 7 existing homes. Served by septic systems and county water, the property is considered unzoned under Duplin County land use ordinances. Both properties are within half a mile of a Voluntary Agricultural District. Combined, the parks generate an NOI of $151,087, offering a cap rate of 10%, and provide investors with strategic opportunities to enhance income in two North Carolina markets.

Last Checked
1 minute ago
Last Updated
Mar 02, 2026
Days on Website
192

Property Details for 108 Smith Mhp Lane

108 Smith Mhp Lane is a [object Object] commercial space for sale in Chinquapin, NC 28521.

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Lee Pittman

Carolina Summit Group, LLC

910-638-8108

Please contact Lee Pittman at Carolina Summit Group, LLC direct by phone at 910-638-8108. You may also reach Carolina Summit Group, LLC by phone at 910-684-5353.

Listing Provider for 108 Smith Mhp Lane

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Agent:
Lee Pittman
Agent Phone Number:
910-638-8108
Office:
Carolina Summit Group, LLC
Office Phone Number:
910-684-5353
MLS ID:
100532380
Data Source:
Hive MLS
Last Checked:
1 minute ago
Last Updated:
March 2, 2026 12:46 AM UTC
Days on Site:
192
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