The Esterson MHC Team is pleased to present Callahan Home Sites, a stabilized with upside manufactured housing community consisting of 20 lots in Lumberton, NC.

Positioned just 3 miles from Highway 74 and 10 miles from Interstate 95, the property offers convenient access to major transportation corridors that connect Lumberton to the broader Southeast. The park benefits from Lumberton’s growing population base, with the Fayetteville-Lumberton-Pinehurst, NC CSA having grown by roughly +2.4% since the 2020 Census or annual growth of around 0.6% per year. Demand for affordable housing remains strong, positioning

Callahan Home Sites as a well-located community that provides both stable cash flow and room for continued rent growth. Callahan Home Sites is comprised of 20 total lots, with 18 currently occupied. The community features 2 tenant-owned homes (TOH), 16 park-owned homes (POH), 1 vacant POH previously used for storage that could be renovated or removed, and 1 vacant mobile home lot. The POH inventory is primarily 1980’s vintage and in good condition, with current average lot rent of $386 per month and an average POH rent of $339 above lot rent per month.

The park is serviced by public water that is paid by the landlord and included in rent, and septic systems for sewer. Trash is curbside and billed to the landlord and included in rent. Electricity is public and direct billed. Lawn mowing is provided by the landlord. The road is dirt and privately maintained. The park is partially located in a 500-year flood zone. It is not in an opportunity zone.

We are asking investors to submit offers at $825,000. All offers must include price, inspection timelines, proof of funds, and relevant real estate experience.

Broker Info:
Ben Yelm – Marcus & Millichap
151 Meeting St, Suite 450, Charleston, SC 29401
Lic #: 303785

(843) 952-2300