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45 Hannah Lori Dr Cameron NC

DETAILS

Type: Manufactured Home, with Land

Bedrooms / Baths: 3 bed / 2 bath

Living Area: 2,052 sq ft

Year Built: 2003

Lot Size: 0.54 acres (23,522 sq ft)

Zoning: RA20R

Utilities: Well & Septic

Occupancy at Closing: Occupied — will be vacant at closing

Closing Date: 09/22/2026

Closing Attorney: Atlas Orange

Parcel ID: 099556 0064 09

Annual Taxes: $784

COMPARABLE SALES

229 Gold Finch Cir, Cameron, NC — 2,280 sq ft — $250,000 ($110/sq ft) — Sold

598 Ridge View Dr, Cameron, NC — 2,360 sq ft — $287,000 ($122/sq ft) — Sold, as-is

192 Forest Dr, Cameron, NC — 1,615 sq ft — $240,000 ($149/sq ft) — Sold, renovated

509 Ridge View Dr, Cameron, NC — 1,580 sq ft — $230,000 ($146/sq ft) — Sold, as-is

15 Elijah Ct, Cameron, NC — 1,986 sq ft — $227,000 ($114/sq ft) — Sold, renovated

Comp Average: ~$246,800 (~$128/sq ft)
Our Price: $120,000 ($58/sq ft)
Your Spread: ~$126,800

At $58/sq ft against a comp average of $128/sq ft, this is one of the widest margins available in the current Cameron comp set — over $126K of built-in spread, enough room for a full renovation and still land well under market, or to hold as-is at a 19.0% gross yield against Cameron’s $1,900/mo average 3-bed rent. The numbers support both a flip and a hold strategy at this price.

OVERVIEW

At just $120,000, this 3-bed/2-bath manufactured home on 0.54 acres is priced roughly $127K under the area’s sold comp average and under $59/sq ft — less than half the going rate on comparable Cameron sales. Cameron sits along the Sanford–Fort Liberty corridor, with Sanford’s growing employment base (Pfizer, Caterpillar, healthcare) and Fort Liberty’s housing demand both within easy commuting distance. The property will be vacant at closing, sits on over half an acre with RA20R zoning (flexible for manufactured, modular, or stick-built), and offers one of the deepest margins available in this market for a flip or buy-and-hold play.

Comp Avg (Sold): ~$246,800 | For Sale Avg: ~$180,000
Rent Avg: ~$1,900/mo | Gross Yield at Asking: 19.0%

DISCLAIMER — Please Read Before Submitting an Offer

Assignment of Contract

This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.

Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.

Due Diligence

Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.

Offer & Deposit Terms

A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal

Closing will occur as quickly as possible, but no longer than 30 calendar days

Buyer pays all closing costs — closing costs are NOT included in the asking price

Taxes will be prorated and split between parties

$495 transaction fee payable to Bright Home Offer LLC

Closing will be conducted with our closing attorney

As-Is Terms

This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.

No repairs or improvements will be made prior to closing

No clean-out or clean-up of any kind will be completed

Property will not be broom clean at closing

Realtors & Wholesalers

If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either:

Negotiate your commission/fee directly with your client, separate from the wholesale price, or

Adjust the wholesale price upward to include your fee

If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.