CHURCH STREET & MISTY CREEK MHP
STONEVILLE, NORTH CAROLINA
Opportunity to Acquire Two Manufactured Housing Communities Located in North Carolina
The Communities Contain 87 Total Sites that are 92 Percent Occupied
Both Communities are Serviced by Public Water That is Sub-Metered. Church Street MHP Has Public Sewer That is Sub-Metered While Misty Creek MHP Has Private Sewer (1 to 1 Septic)
The Communities Are Located Within 3 Miles of One Another, Allowing New Ownership to Benefit From Management and Maintenance Consolidation
Request Property Information
Marcus & Millichap is pleased to present the opportunity to acquire Church Street MHP and Misty Creek MHP located in Stoneville, North Carolina. The communities contain a total of 87 sites that are 92 percent occupied. Church Street and Misty Creek are all age communities located within 2.7 miles of one another. Church Street is serviced by public water and sewer that is sub-metered, while Misty Creek has public water that is sub-metered and private sewer (septic).
With the communities located within 2.7 miles of one another, a new investor can continue to benefit from
management and maintenance consolidation moving forward. Additionally, new ownership will be positioned to grow value through increasing occupancy.
Broker of Record - Carolinas