$1,590,000
About this home
Wonderful investment opportunity! This nine unit park is sitting on just under 4 acres with beautiful mature trees. It has approximately 428 feet of frontage on Roscoe Howey Road to the north, and it is bordered to the west by Porter Drive. It is an outstanding location - surrounded by picturesque countryside and serene views. Plus, it is still very convenient to shopping, restaurants, and employment opportunities with Waxhaw being less than 6 miles away, downtown Monroe 6.7 miles, and 5 miles to Wesley Chapel Village Commons. It is located in sought after Union County school districts. The park is made up of two parcels 06-015-039 and 06-015-038. All nine mobile homes are park owned. Renters provide their own furnishings including washer & dryer, refrigerators are park owned. The property also consists of four storage buildings, and an insulated pump house that affords extra storage. A shared 150' deep well serves the whole park, pump was just replaced in 2024. Each unit has its own septic tank. The tenants are responsible for mowing their own yards. Community has two street lights. The current owners have enjoyed having this property, and lovingly maintained it including extra plantings. They have repainted the units every five years, and applied Cool Seal to the roofs every three years. Owners have a list of reliable vendors that they will share. This park consistently operates at nearly 100% rented, with an established history of long term renters (average stay of over 5 years), and very quick turnover. At list price it has a Cap Rate of 7.5%. The rents are under market value, so there is potential for an even greater return. *PLEASE DO NOT DISTURB TENANTS.*
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4367822
- Property type
- Eightplex+
- Subdivision
- N/A
- Status
- Active
- Days on market
- 181
- On market date
- April 11, 2026
- Stories
- N/A
- Total bathrooms
- 14
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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.
- Enrollment
- 500
- Student:teacher ratio
- 10.6:1
- District
- Union County Public Schools
- Enrollment
- 817
- Student:teacher ratio
- 20.4:1
- District
- Union County Public Schools
- Enrollment
- 809
- Student:teacher ratio
- 18.4:1
- District
- Union County Public Schools
Walkability
Blended score for Waxhaw'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).
Market position
How this listing compares to current activity in Waxhaw, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 15 days ago.
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.