CHURCH STREET & MISTY CREEK MHP

STONEVILLE, NORTH CAROLINA

Church Street MHP
Church Street MHP
Church Street MHP
Church Street MHP
Misty Creek MHP
Misty Creek MHP
Misty Creek MHP

Investment Highlights

  • 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

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Property Overview

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.

Listed By:

Jonathon McClellan

(216) 264-2023

Jonathon.McClellan@marcusmillichap.com

Kyle Baskin

(216) 264-2059

Kyle.Baskin@marcusmillichap.com

Connor Outcalt

(216) 264-2029

Connor.Outcalt@marcusmillichap.com

Michael DiCillo

(216) 264-2034

Michael.DiCillo@marcusmillichap.com

Ben Yelm

Broker of Record - Carolinas

License 303785

GET IN TOUCH:

Jonathon McClellan
Senior Managing Director Investments

Jonathon.McClellan@marcusmillichap.com

(216) 264-2023

SOCIAL LINKS:

Kyle Baskin

Senior Managing Director Investments

Kyle.Baskin@marcusmillichap.com

(216) 264-2059

Jacqueline Sawchik

Executive Assistant | Marketing Coordinator

Jacqueline.Sawchik@marcusmillichap.com

(216) 264-2062

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