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OVERVIEW
1711 Trexlar Ave, Gastonia, NC 28052
At $110,000 — just $79/sq ft — this 3-bedroom, 2-bath manufactured home on a 0.35-acre city lot is priced dramatically below the as-is comparable range, which is clearing ~$131/sq ft in the same ZIP, and $110K under the one renovated manufactured comp on record at $220K. Gastonia is the second-largest city in the Charlotte metro, sitting roughly 22 miles west of Charlotte-Douglas International Airport with direct I-85 access and a growing downtown anchored by the $25M FUSE District and CaroMont Regional Medical Center — the county’s flagship 476-bed hospital and one of its largest employers. The property runs on city water and city sewer with low flood risk, and a 0.35-acre lot gives a future tenant or owner meaningful outdoor space. For a hold buyer, a $1,500/month rental against a $110K buy-in pencils to a 16.4% gross yield at asking.
Comp Avg (Sold): ~$205K
Rent Avg: ~$1,500/mo
Gross Yield at Asking: ~16.4%
DETAILS
Type: Manufactured Home on Land
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,400 sq ft
Year Built: 2000
Lot Size: 0.35 acres (15,246 sq ft)
Zoning: DW
Utilities: City Water & City Sewer
Parcel ID: 137292
Tax Value: $114,050
Annual Taxes: $1,219
Flood Zone: Low Risk
Occupancy at Closing: Occupied — will be vacant at closing
Closing Date: 07/09/26
Closing Attorney: Atlas Orange
CONDITION
- Property sold as-is
COMPARABLE SALES
As-Is Comp: 534 Queens Rd, Gastonia, NC 28052 — 1,378 sq ft — $190,000 ($138/sq ft) — Sold Feb 2025
As-Is Comp: 1504 Hunsinger Ave, Gastonia, NC 28052 — 1,501 sq ft — $187,900 ($125/sq ft) — Sold Mar 2026
Renovated Comp: 607 Elderwood Ct, Gastonia, NC 28052 — 1,198 sq ft — $219,900 ($184/sq ft) — Sold Feb 2026
As-Is Avg: ~$189K (~$131/sq ft)
ARV (Renovated Comp): ~$220K (~$184/sq ft)
Our Price: $110,000 ($79/sq ft)
Spread to ARV: ~$110K
At $79/sq ft, this property is priced well below the as-is floor in the same ZIP, which averaged ~$131/sq ft across two distressed recent sales. A flipper targeting the renovated manufactured market has roughly $110K of spread to work with against the single renovated comp at $220K. For a hold buyer, the 16.4% gross yield at asking — based on a $1,500/month rent estimate for a 3BR house in 28052 — makes this one of the strongest buy-and-hold entries available in the Gastonia market. City utilities and a 2000 build year keep the risk profile manageable.
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.