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OVERVIEW
1913 Caraway Ct, Sophia, NC 27350
$95,000 — $65/sqft — against a comp average of ~$224k in the same ZIP. Sophia sits on US-311 with direct access to I-73/I-74, putting Asheboro’s employment base (Randolph Hospital, Energizer, Post Consumer Brands) and the broader Piedmont Triad within easy commuting range. Nearly an acre with city water and city sewer rounds out the fundamentals.
Comp Avg (Sold): ~$224k | For Sale Avg: ~$215k Gross Yield at Asking: ~12.6%/yr (at ~$1,000/mo conservative rent)
DETAILS
Type: Manufactured Home
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,456 sq ft
Year Built: 1997
Lot Size: 0.87 acres (37,897 sq ft)
Utilities: City Water & City Sewer
Occupancy at Closing: Seller needs 14 days post-closing to vacate. 50% of seller’s proceeds held by Atlas Orange until buyer confirms vacancy.
Closing Date: 06/30/2026
Closing Attorney: Atlas Orange
CONDITION
- Roof age: 1997 (original — budget for full replacement)
- No HVAC system — current occupant uses space heaters only; buyer should plan for full HVAC installation
- City water and city sewer connected
- Property sold as-is
COMPARABLE SALES
3024 Marlboro Church Rd, Sophia, NC 27350 — 1,539 sqft — $195,500 ($127/sqft) — Sold as-is, 6/9/2026
4420 Island Ford Rd, Sophia, NC 27350 — 1,136 sqft — $250,000 ($220/sqft) — Sold 12/8/2025
2421 Westwind Way, Sophia, NC 27350 — 2,280 sqft — $200,000 ($88/sqft) — Sold 1/9/2026
4685 Fred Frank Trl, Sophia, NC 27350 — 1,736 sqft — $250,000 ($144/sqft) — Sold 2/4/2026
Comp Average: ~$224k (~$145/sqft) Our Price: $95,000 ($65/sqft) Your Spread: ~$129k
At $65/sqft against a comp average of ~$145/sqft, the discount here is hard to ignore. A buy-and-hold investor picks up a 3/2 on nearly an acre with city utilities at a gross yield north of 12% — rare in any market. A flip buyer has ~$129k in spread to work with even after accounting for roof and HVAC. The no-HVAC condition is the biggest line item to price in, but even a full system plus roof replacement leaves substantial margin to either resell or stabilize as a rental.
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 or 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.