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108 Smith Mhp Lane Chinquapin, NC $ 1,510,870
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$ 1,510,870 Get more info
108 Smith Mhp Lane
$ 1,510,870
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Share Save

108 Smith Mhp Lane

Chinquapin, NC, 28521
$ 1,510,870
Bedrooms-- Baths-- Sq 16,345

Monthly Estimate*

$ 9,426

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Commercial Property for sale in Chinquapin, NC

for $1,510,870. This 16,345 square foot building was built on a lot size of 7.38.

This offering includes two value-add mobile home park investments in Eastern North Carolina. Cornerstone Mobile Home Park, located on Haws Run Road in Jacksonville, Onslow County, sits on approximately 1.68 acres and features 13 pads with 11 existing units. Zoned R-8M (Residential-8 Manufactured Housing), the property provides potential for expansion or improvements to increase income in the growing Jacksonville market. Smiths Mobile Home Park, located off Ludie Brown Road in Chinquapin, Duplin County, consists of two tracts totaling approximately +/- 5.71 net acres with 8 pads and 7 existing homes. Served by septic systems and county water, the property is considered unzoned under Duplin County land use ordinances. Both properties are within half a mile of a Voluntary Agricultural District. Combined, the parks generate an NOI of $151,087, offering a cap rate of 10%, and provide investors with strategic opportunities to enhance income in two North Carolina markets.

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Commercial Pending

Price

$ 1,510,870

Property Type

Commercial

Taxes

$ 0

Style

Multi Family

Lot Size

7.38

Town/City

Chinquapin

County/Region

Duplin

MLS | Web ID

100532380
Features
General
Heating Electric
Zoning R-8M & Unzoned
Year Built 0
Property Subtype Multi Family
Tax Year 2025
Current Use Residential Multi-Family
Location Residential
Parcel Number 08-2256- 1- & 08-2256- 1- 1
County Duplin
Net Operating Income 151087.0
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) N
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Pending
Directions From Jacksonville take US-258 N and NC-111 N to Willie Hatcher Rd in Duplin Co. Continue on Willie Hatcher Rd. Drive to Smiths MHP Ln---From Jacksonville head west on US-17 BUS S/Marine Blvd toward C
City Chinquapin
Lot Size Units Acres
Lot Size Square Feet 321473.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Standard Status Pending
Tax Assessed Value 291260
Cap Rate 10.0
Legal Description OFF SR 1105 3002/326 01/10/2008 1.6800 Acres TR. A 2023 : RS AND JS INVESTMENTS LLC TR. B 2026:RS AND JS INVESTMENTS
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Exterior
Water Source Public
Lot Size Area 7.38
Spa N
Building Area Total 16345
Lot Dimensions See Plats in MLS Docs
Lot Size Acres 7.38
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 108
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* Excluded Features
List By
Lee Pittman

Listing Agent

Carolina Summit Group, Llc

Broker

lee@csgnc.com

Email

Affordability Calculator

$9,426
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,426
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/24/2025$1,510,870 Listed Price

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108 Smith Mhp Lane, Chinquapin, NC, 28521 is a Commercial Property for sale at $1,510,870 with 16,345 sqft and a lot size of 7.38. The property's zip code is 28521 which is in Chinquapin, NC

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