Contacts

Michael Overton, CCIM

The Overton Group

Property Details

Property Type Multi-Family
Units 106
Lot Size 35.84 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Date Updated Oct 23, 2024

Lenoir County is centrally located in eastern NC approximately 75-miles east of Raleigh and 75-miles west of Morehead City. The county is a blend of agriculture and manufacturing. Lenoir County has three incorporated municipalities: Kinston is the county seat, La Grange, lies approximately 10-miles west of Kinston and Pink Hill approximately 15-miles south of Kinston.Welcome to Jackson Heights Mobile Home Park, a well-located mobile home park offering an outstanding investment opportunity. Situated on approximately 35 acres of land, this park features 106 mobile home lots, of which only 43 are occupied. All existing homes are owner-owned homes. As it sits, the park provides a reliable income stream with very minimal overhead. The park is conveniently located just south of Kinston, NC near the intersection of NC Hwy 11 and NC Hwy 55, close to local amenities, schools, and shopping. With a great location, low maintenance costs, and a steady tenant base, this mobile home park is ideal for investors seeking passive income and potential for growth. Price: $1,100.000.00 Contact listing broker for more details.

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Highlights

Total Spaces: 106 mobile home pads, 43 currently occupied.
Lot Size: Approximately 35 acres.
Utilities: Electric provided by Duke Energy. There are two wells on the property providing water and septic is in place for the lots.
Occupancy Rate: 40%
Potential Upside: Incredible Opportunity for expansion, rental increases, and added amenities.

Attachments

Sale Brochure - The Overton Group (PDF) opens in new window

Getting around

5/100
Walk Score ®
27/100
Bike Score ®

Powered by Walk Score ®

City Kinston, NC
Neighborhood Jackson Heights
Zip Code 28504

Points of Interest

Speedway

2.08 miles
Murphy Express

3.09 miles
Marathon

3.10 miles
Neuse Shop & Fuel

3.13 miles
BP

3.66 miles
Citgo

3.70 miles
ChargePoint

4.19 miles
Pure

5.03 miles

Fairfield Inn & Suites Kinston

2.88 miles
Holiday Inn Express & Suites Kinston

3.15 miles
Quality Inn Kinston Hwy 70

3.26 miles
Hampton Inn Kinston

3.28 miles
Americas Best Value Inn Kinston

3.30 miles
Econo Lodge

3.52 miles
The O'Neil

4.31 miles
Mother Earth Motor Lodge

4.46 miles

Piggly Wiggly

0.53 miles
ALDI

2.96 miles
Walmart Supercenter

3.26 miles
Norwood's Grocery

5.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

341 Dahlia Street