18 TOH in Rocky Mount NC (approved for 92 homes)
Rocky Mount, NC
Asking price
$1,500,000
Sites
92
Cap rate
—
Price / site
$16,304
About this property
Description Excellent opportunity to acquire a mobile home park with 92 approved pads and significant potential for expansion and increased revenue. The property is currently operating with 18 tenant-owned homes (TOH), leaving substantial room to increase occupancy and maximize the park’s income potential. The park currently offers $300 monthly lot rent, with separately metered city water. Individual septic systems are in place on an approximately 1:1 basis, while municipal sewer is located along the property, potentially providing a future infrastructure opportunity. A major benefit of the property is the availability of vacant pads. Many of the vacant pads already have utility infrastructure in place, although the exact number of pads with confirmed utilities has not yet been verified. Additionally, all vacant park-owned homes have been demolished and the sites have been cleaned, leaving the pads ready for the placement of new manufactured homes. With 92 approved pads and only 18 currently occupied, the property presents a compelling value-add opportunity for an investor looking to grow occupancy, increase lot-rent revenue, and capitalize on the park's existing infrastructure and approved capacity. Offered at $1.5 million. Seller is open to reviewing reasonable offers
All details
| Asking price | $1,500,000 |
|---|---|
| Sites | 92 |
| Price per site | $16,304 |
| Address | 2413 Tanner Road |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
