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💡 Why This Deal Makes Sense
A tenant-occupied mobile home on over half an acre — with $1,000/month in rent already coming in on day one. Mobile homes with land in Franklinton are selling between $190K–$222K, making this a rare cash-flowing asset at an accessible price point. Perfect for a buy-and-hold investor looking for immediate income.
🏠 Property Details
| Type | Single Wide Mobile Home WITH LAND |
| Bedrooms / Baths | 2 bed / 1 bath |
| Living Area | 672 sq ft |
| Year Built | 1973 |
| Lot Size | 0.53 acres |
| Utilities | Duke Energy, City Water & Sewer |
| Bonus | 🏗️ Detached 1-Car Garage / Workshop INCLUDED |
| Occupancy at Closing | 🏠 Tenant in place — $1,000/mo, current on rent |
| Closing Date | March 18, 2026 |
| Closing Attorney | Atlas Orange |
🔧 Condition Notes
- ⚠️ Roof — Will need replacement within the next year or so. Plan accordingly.
- ⚠️ HVAC — Unit is functional but condition is uncertain. Buyer should inspect prior to closing.
📊 Comparable Sales
| Address | Type | Sale Price |
|---|---|---|
| 413 Bullock St, Franklinton | Mobile | $222,000 |
| 4428 W River Rd, Franklinton | SFR | $210,000 |
| 701 E Mason St, Franklinton | SFR | $205,000 |
| 605 Mitchell Ave, Franklinton | SFR | $196,000 |
| 316 S Hillsborough St, Franklinton | Mobile | $190,000 |
| Mobile Comp Average | ~$206,000 |
🏠 Tenant paying. Land included. Cash flow from day one. All offers welcome — let’s make a deal! 🤝
⚠️ 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 do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.