Arnold MHP

365 Huffmantown Rd, Richlands, NC, 28574

Price: $1,750,000.00

Community Overview

MH Pro Group is pleased to exclusively offer the sale of Arnold MHP, an all-age manufactured housing community located in Richlands, North Carolina, within Onslow County and in close proximity to Marine Corps Base Camp Lejeune and MCAS New River. The property consists of 37 rentable pads, 32 of which are currently occupied, representing an 86% occupancy rate. The rent roll is anchored by 26 tenant-owned homes alongside 6 park-owned homes, with an average pad rent of $350 per month. The community benefits from public, master-metered water service paired with a private septic system on a 1:1 basis serving each pad. Arnold MHP sits on 16.56 acres, offering a well-proportioned, all-age community with dedicated two-car parking at each pad. Infrastructure throughout the property is well maintained, with paved asphalt roads and parking areas. Pad landscaping is the responsibility of individual tenants, while the community maintains common area landscaping and curbside trash collection, supporting a clean, low-maintenance operating structure for ownership. Strategically located within Richlands and the broader Onslow County submarket, the property offers residents proximity to a stable, defense anchored employment base while maintaining an affordable, small-town setting. With 4 vacant pads and 1 vacant park-owned home offering clear upside through lease-up, combined with steady in-place occupancy and below-market pad rents, Arnold MHP presents investors an attractive opportunity for both stable in-place income and meaningful rent and occupancy growth potential.

Community Details

Pad Count: 37

Occupancy: 86%

Park Owned Home Count: 6

Tenant Owned Home Count: 26

Sewer: Private (Septic | 1:1)

Water: Public (Master Meter)

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Documents

CONFIDENTIALITY AGREEMENT

THIS IS INTENDED TO BE A LEGALLY BINDING AGREEMENT.

The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from MH Pro Group, LLC and distribution to any other person or entity without the express written consent of MH Pro Group, LLC is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. MH Pro Group, LLC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. MH Pro Group, LLC has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, MH Pro Group, LLC has not verified, and will not verify, any of the information contained herein, nor has MH Pro Group, LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

Secure Documents List:

[DOWNLOAD]	Offering Memorandum - OM-Arnold-MHP-Richlands-NC.pdf
[DOWNLOAD]	Financials / Underwriting - PL-Arnold-MHP-Richlands-NC.xlsx
[DOWNLOAD]	Financials / Underwriting - Rent-Roll-Arnold-MHP-Richlands-NC.xlsx