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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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100 Wild Forest Ln , Sanford, NC 27332
$660,000
Est. Payment: $3,380.84/mo
0 Bed
0 Bath
9 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

WILD FOREST MOBILE HOME PARK 100% Occupied, $90,000+ Annual Rental Income,9 Park-Owned Homes, Approx. 9 Acres Rare opportunity to acquire a stabilized, fully occupied residential investment property offering immediate cash flow, an established operating history and identifiable opportunities for future NOI growth. Wild Forest Mobile Home Park consists of 9 park-owned rental homes situated on approximately 9 acres, providing an investor with ownership of both the underlying real estate and the income-producing homes. INVESTMENT HIGHLIGHTS 100% Occupied $90,000+ in Annual Rental Income 9 Park-Owned Homes Approximately 9 Acres Established rental and operating history Individually metered water and electricity Current rents include sewage, lawn service and trash service Existing tenants provide immediate income upon acquisition Combination of land ownership and rental-home ownership Potential opportunities for expense recovery, rent optimization and NOI growth STABILIZED INCOME WITH ADDITIONAL UPSIDE Wild Forest Mobile Home Park is currently 100% occupied, allowing a new owner to acquire an established rental operation with income already in place. Current annual rental income exceeds $90,000, providing a strong existing revenue base. Importantly, current rental rates include sewage, lawn service and trash service. This provides a future owner with potential opportunities to evaluate utility and service reimbursements, separately billed resident services, or corresponding rent adjustments as leases renew and market conditions permit. These potential expense-recovery strategies may provide an opportunity to reduce owner-paid operating expenses and increase Net Operating Income without relying solely on additional occupancy. LAND + HOMES + CASH FLOW The offering includes approximately 9 acres of land and all 9 rental homes, giving the investor ownership of both the underlying real estate and the income-producing units. Water and electricity are individually metered, while the property utilizes a central septic system. ESTABLISHED OPERATING HISTORY Current ownership acquired the property in 2019 and has operated it as a residential rental investment since acquisition. The property has benefited from ongoing maintenance, turnover renovations and improvements designed to maintain the homes, support occupancy and position the property for continued rental performance. VALUE-ADD OPPORTUNITY For an investor seeking both current cash flow and future upside, Wild Forest Mobile Home Park offers several potential avenues for NOI growth: Evaluate current rents relative to market rates Implement service or expense reimbursements where appropriate Evaluate tenant-paid or separately billed trash and lawn services Recover a portion of owner-paid sewage/septic-related costs where appropriate Continue improving operational efficiencies Capture future rent growth as leases renew The property therefore offers an attractive combination of stabilized occupancy today and potential operational upside for the next owner. Financial information, current rent roll and additional property information are available to qualified buyers. Contact the listing broker for pricing, financial information and additional details.

Highlights

Listed by Cesia Bolanos , 919-841-6917 and Russell Copersito , 919-650-8529 Century 21 Triangle Group , 919-720-4217. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Commercial Sale

Lot/Acreage
9.47

Year Built

1997

County

Harnett

Listing ID

10185628

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:412,513.2
Principal Interest
$3,381
Taxes
$128

Home Price

$660,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$132,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,380.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,380.84 $127.50 $0.00 $3,508.34
Yearly $40,570.10 $1,530.00 $0.00 $42,100.10
Total $1,217,103.07 $45,900.00 $0.00 $1,263,003.07

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Sanford, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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