🔥 1155 Townsend Rd, Raeford, NC 28376. Manufactured home WITH land — own the dirt. 3 bed / 2 bath, 1,152 sq ft on half an acre. Sold comps averaging ~$175K — priced at $85K. That’s ~$90K below market. 🤝
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Why Raeford? Hoke County is quietly becoming one of the more underrated markets in the Sandhills region — sitting right next to Fort Liberty (Fort Bragg), one of the largest military installations on the planet, with a built-in renter and buyer pipeline that doesn’t stop. Raeford itself is affordable, growing, and largely overlooked by outside investors — which means you can still find real margin here while demand quietly builds. Get in before the rest of the market catches on.
💰 Asking: $85,000 | Comp Average: ~$175,000 | 🔥 Spread: ~$90,000
| Type | Manufactured Home WITH Land (own the dirt) |
| Bedrooms / Baths | 3 bed / 2 bath |
| Living Area | 1,152 sq ft |
| Year Built | 1999 |
| Lot Size | 0.50 acres |
| Utilities | City Water & Septic. City sewer access available per seller — not currently connected to the property. Electric: Lumbee River Electric. |
| Occupancy at Closing | ✅ Will be vacant at closing |
| Closing Date | May 22, 2026 |
| Closing Attorney | Atlas Orange |
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 2002 McGuire Dr | 1,296 | $190,000 | $147/sq ft | |
| 1013 Dunvegan Dr | 1,120 | $168,000 | $150/sq ft | |
| 709 Mackay Ct | 1,210 | $173,000 | $143/sq ft | |
| 700 Mackay Ct | 1,227 | $173,000 | $141/sq ft | |
| 106 Peppertree Ln | 1,248 | $169,000 | $135/sq ft | |
| Comp Average | ~1,220 | ~$174,600 | ~$143/sq ft | |
| 🏷️ Our Price | 1,152 | $85,000 | $74/sq ft | |
| 💸 Your Spread | ~$89,600 |
💡 Comps in Raeford are closing at $135–$150/sq ft and you’re buying in at $74/sq ft. That’s a ~$90K spread against the average — on a deal where you own the land outright, with no lot rent eating into your returns. Whether you’re flipping or holding as a rental, the numbers give you real room to work with.
⚠️ 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
- $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 & 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.