Overview
2147 Quarter Crest Dr, Newton, NC — double-wide manufactured home WITH land priced at $122K against sold comps averaging ~$199K. At $88/sq ft you’re acquiring well below a market where as-is manufactured homes have closed between $111–$170/sq ft — and one fully renovated comp in the same zip hit $157/sq ft after extensive updates. Single condition flag: needs a new HVAC. Price that in and the spread to comp average is still ~$77K. Vacant at closing, no occupancy delays.
Comp Avg (Sold): ~$199,000 | For Sale Avg: ~$210,000
Rent Avg: ~$1,300/mo | Gross Yield at Ask: ~13%
Details
Type: Manufactured Home With Land (Double Wide)
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,394 sq ft
Year Built: 2010
Lot Size: 0.36 acres
Utilities: Well & Septic
Occupancy at Closing: WILL BE vacant at closing!
Closing Date: June 22, 2026
Closing Attorney: Atlas Orange
Condition
- HVAC: Needs full replacement
Comparable Sales
1845 Zack Ln — 1,120 sq ft — $190,000 ($170/sq ft) — Sold Sep 2025, as-is
2410 Annwood Ct — 1,716 sq ft — $190,180 ($111/sq ft) — Sold Jan 2026, as-is (HUD)
2438 Annwood Ct #57 — 1,512 sq ft — $199,000 ($132/sq ft) — Sold Dec 2025, as-is fixer
1858 Cody Ct — 1,456 sq ft — $200,000 ($137/sq ft) — Sold Sep 2025
2168 Sterling Ridge Dr — 1,391 sq ft — $218,000 ($157/sq ft) — Sold Dec 2025, fully renovated
Comp Average: ~$199,000 (~$133/sq ft)
Our Price: $122,000 ($88/sq ft)
Your Spread: ~$77,000
At $88/sq ft you’re buying below every as-is comp in the market. The Sterling Ridge comp at $157/sq ft shows what a fully renovated 1,391 sq ft manufactured home commands — nearly identical footprint to your subject at 1,394 sq ft. Replace the HVAC, put in cosmetic work, and you’re looking at a meaningful margin. Hold angle also works at ~13% gross yield on a $122K acquisition.
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 and 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
- $495 transaction fee payable to Bright Home Offer LLC
- 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 and 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.