Multi Family at 102 Chappin Street, Chadbourn, NC 28431
Multi Family at 102 Chappin Street, Chadbourn, NC 28431, photo 2 of 6
Multi Family at 102 Chappin Street, Chadbourn, NC 28431, photo 3 of 6
Multi Family at 102 Chappin Street, Chadbourn, NC 28431, photo 4 of 6
Multi Family at 102 Chappin Street, Chadbourn, NC 28431, photo 5 of 6
Multi Family at 102 Chappin Street, Chadbourn, NC 28431, photo 6 of 6
6 photos

$649,000

102 Chappin Street, Chadbourn, NC 28431
Chadbourn, NC 28431
Listed by Adam Hashem · East Atlantic Realty LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
0

About this home

Strong cash-flowing mobile home park investment featuring 15 total pads, offering immediate scale and built-in room for future growth. The community currently includes 13 total units (11 income-producing homes plus 1 tenant-owned lot) generating approximately $6,110/month in gross rental income, delivering strong day-one cash flow and stable, consistent monthly revenue. Ideally positioned within driving proximity to both Wilmington, NC and Myrtle Beach, SC, this location benefits from strong regional demand drivers including coastal employment hubs, tourism activity, and ongoing housing shortages, supporting long-term tenant stability and rent growth potential. This turnkey manufactured housing community provides investors with a highly efficient, low-overhead operation where the landlord is responsible for insurance only--no other operating expenses, significantly enhancing net cash flow and simplifying management. The property includes a mix of park-owned and tenant-owned homes with individually metered utilities, allowing tenants to pay their own utility expenses and further maximizing net operating income (NOI). The rent roll is well-established with long-term, reliable tenants, producing a steady and predictable income stream with minimal operational involvement. Additionally, the 15-pad layout provides clear upside potential for future expansion through additional home placements or improved occupancy while maintaining strong in-place cash flow. This mobile home park for sale is ideal for investors seeking stable cash flow, passive income, and long-term appreciation potential without heavy repositioning or redevelopment. The property performs well as-is and represents a straightforward investment in a consistently high-demand segment of the affordable housing market.

Property details

MLS
Hive MLS
MLS #
100572520
Property type
Multi Family
Subdivision
Not In Subdivision
Status
Active
Days on market
162
On market date
May 8, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.71 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Chadbourn Elementary
0.5 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
227
Student:teacher ratio
13.4:1
District
Columbus County Schools
Middle
Central Middle
6.77 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
467
Student:teacher ratio
12.6:1
District
Whiteville City Schools
High
Columbus Career and College Academy
2.68 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
241
Student:teacher ratio
18.5:1
District
Columbus County Schools

Walkability

Blended score for Chadbourn's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

34
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
33 / 100
Restaurants & cafes7
Grocery stores2
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Chadbourn, from live MLS data.

On the market 162 days -- 6 more days than Chadbourn's current average of 156 days.
For reference, the median list price across 45 active listings in Chadbourn right now is $185,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,058/mo
$129,800 down
$519,200 loan
Principal & interest$3,368
Property tax (est.)$541
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.