Two Park Portfolio
Linden, NC
Asking price
$1,350,000
Sites
—
Cap rate
6.00%
Price / site
—
About this property
Description Details APN 9559-73-5965-00 Property Type Multifamily, Mobile Home Park Sub Type Single Family Rental Portfolio Square Footage 9,870 Units 10 Cap Rate 6.00% Tenancy Multi Stories 1 Zoning Rural - Agriculture - MH allowed 2 Mobile Home Parks: Sanford and Linden Marketing description Two mobile home parks, each with five single wide mobile homes, for sale. Owner willing to sell separately, but financials are combined. Sanford, Lee County: 2.98 Acres in Southern Lee County with 5 single wide mobile homes. All on well and septic. PIN 9559-73-5965-00. Linden, Harnett Co: 3 parcels totaling 3.38 acres with 5 single wide mobile homes. County water and septic. PINs: 0555-20-9501, 0555-30-0606 and 0555-20-8709. The latter parcel has a 20' utility easement on its west side. Current rent rolls and maintenance history for both parks are in this listing. 2024 2025 2026 Mar - Dec Full Year Jan - Jun Income $44601 $94,867 $49,411 Net ($13,279) $47,267 $40,275* EBDITA ($3,375) $61,310 $40,275* * 2026 numbers do not include depreciation, amortization, interest or other year end expenses. % of Rent Collected Sanford 49% 52% 58% Linden 51% 48% 42% Currently two units vacant in the Sanford park because the owner doesn't want to commit a new owner to a lease; this allows new owner to set their own pricing and terms. Note: Neither Lee nor Harnett County Environmental Health Departments have information on the septic systems. Investment highlights Two mobile home parks, each with five single wide mobile homes, for sale. Owner willing to sell separately, but financials are combined. Sanford, Lee County: 2.98 Acres in Southern Lee County with 5 single wide mobile homes. All on well and septic. PIN 9559-73-5965-00. Linden, Harnett Co: 3 parcels totaling 3.38 acres with 5 single wide mobile homes. County water and septic. PINs: 0555-20-9501, 0555-30-0606 and 0555-20-8709. The latter parcel has a 20' utility easement on its west side. Disclosures, current rent rolls and maintenance history for both parks are available, but Crexi won't let them be uploaded easily. 2024 2025 2026 Mar - Dec Full Year Jan - Jun Income $44601 $94,867 $49,411 Net ($13,279) $47,267 $40,275* EBDITA ($3,375) $61,310 $40,275* * 2026 numbers do not include depreciation, amortization, interest or other year end expenses. % of Rent Collected Sanford 49% 52% 58% Linden 51% 48% 42% Currently two units vacant in the Sanford park because the owner doesn't want to commit a new owner to a lease; this allows new owner to set their own pricing and terms. Note: Neither Lee nor Harnett County Environmental Health Departments have information on the septic systems.
All details
| Asking price | $1,350,000 |
|---|---|
| Cap rate | 6.00% |
| Address | 24 Chase Parker Drive |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
