2301 & 2303 Win Rd, Garner, NC 27529
DETAILS
Type: Vacant Land Package Deal — Two Back-to-Back Mobile Home Lots
Zoning: RMH (Residential Manufactured Home District)
Lot Size: 1.6 acres total (two parcels, roughly 0.8 acres each)
Closing Date: 08/07/26
Closing Attorney: Gold Law PA
Asking Price: $150,000
Each lot currently has a mobile home on it — one is occupied with tenants in the process of moving out, and the other is in teardown condition, giving a buyer the flexibility to rehab or replace either unit.
COMPARABLE SALES
2309 Win Rd #3A, Garner, NC 27529 — 0.8 acres, vacant land — $127,000 — Sold (Land Value Comp)
2309 Win Rd, Garner, NC 27529 — 2,128 sq ft manufactured home, 4 bed/2 bath, 0.8 acres — $296,000 — Sold November 2025 (Build-Out Potential Comp)
Land Value Estimate: ~$127,000/lot × 2 lots = ~$254,000
Our Price: $150,000 ($93,750/acre)
Spread to Land Value: ~$104,000
OVERVIEW
This 1.6-acre, two-lot package is zoned RMH and priced $104,000 below combined land value — a strong number before even factoring in the two existing structures, one of which is occupied and generating potential rental value, the other ready for a teardown-and-replace play. Garner is one of the fastest-growing towns in the entire country right now: it welcomed nearly 5,000 new residents between 2023–2024 alone, a growth rate of over 10% that ranks it 10th nationwide for population growth among communities its size. For an investor looking to rehab, replace, or hold two manufactured home lots in a rapidly growing Wake County submarket, this is a strong entry point.
Source: Town of Garner Economic Development
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.