Two Park Portfolio
Linden, NC
Asking price
$1,350,000
Sites
—
Cap rate
6.00%
Price / site
—
About this property
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
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $1,350,000 |
|---|---|
| Cap rate | 6.00% |
| Address | 24 Chase Parker Drive |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
