136-300 Pearl St - Turner Mobile Home Park Terrain | 12,14 ha

Lumberton Mobile Home Parks (MHPS) Portfolio offers the opportunity to acquire a robust collection of mobile homes in an incredibly centralized North Carolina location. This expansive portfolio comprises Turner Park, Central Park 2, and Central Park 3, which features 203 pads and a total of 41.26 acres zoned for residential use. Turner Park has 169 pads and is situated on 38.29 acres. Central Park 2 has 23 pads and is situated on 8.88 acres. Central Park 3 has 11 pads and is situated on 2.38 acres. In total, there are 37 POH, 13 TOH, 23 TBD, 27 vacant lots, and 103 Lender Owned Homes. Turner Park is partially located in a flood zone. The roads are all paved.

Turner Park has municipal water and sewer, while Central Park 2 and Central Park 3 have municipal water and septic systems. Electricity is individually metered and paid for by tenants. Investors will benefit from a strategic location, low operating costs, and value-add opportunities. Each Lumberton MHPS site is easily accessible and located near Interstate 74, providing quick connections in and out of town.

Situated on the Lumber River in southeastern North Carolina, Lumberton is close to several major thoroughfares, the pristine Atlantic Coast beaches, and the mountains of western North Carolina. Chief among Lumberton's many assets is its convenient location, natural beauty, and mild climate. Lumberton enjoys a strategic central East Coast location and is halfway between New York and Florida on Interstate 95, and the Interstate 74 corridor offers an east-west passage, complimented with excellent trucking rail, nearby major airports, and easy deep-water access. This quaint community offers residents and visitors a bevy of recreational activities, shopping options, and local events. The region is benefiting from major expansion at Fort Bragg. Opportunities in defense and homeland security industries have arisen from the BRAC 2005.

Site Selection Magazine ranked Lumberton as one of the nation’s top 10 micropolitan areas – small urban areas – because of its economic development activity. From consumer products and services to manufacturing and technology to warehousing and distribution, Robeson County’s dynamic economy is home to a diverse and growing array of businesses.

The Lumberton, NC MSA is experiencing recent population and economic growth and presents diverse employment opportunities. However, the increasing cost of living is making affordable housing more important than ever. In the Lumberton, NC MSA, approximately 30% of renters are spending more than 30% of their income on housing. With the current trends in population growth, the need for affordable housing is only growing stronger. The City of Lumberton has recently developed a new industrial park that is expected to bring many new businesses and jobs to the area and distribution. Robeson County’s dynamic economy is home to a diverse and wide array of businesses.