Ad #7797382
MLS #100536239
Discover this rare, seller financing, investment opportunity
1150 Garretts Way NE, Leland, NC 28451
$1,500,000
--Beds
--Baths
5,000Sqft
5.93Acres
About this property
Discover this rare, seller financing, investment opportunity just 8 minutes from the Leland Walmart and U.S. Highway 17 - ideally located in one of the fastest-growing corridors in coastal North Carolina. Situated on 5.93 acres, this property currently includes 7 park-owned mobile homes, all tenant-occupied with long-term residents. Each home is separately metered for public utilities, providing steady cash flow and minimal management headaches. The park generates roughly $6,000/month in rent, with room for upside as current rents are below market - similar 2-bedroom units in the area rent for $1,000-$1,250/month. With titles in hand and most units from the 1990s, this is a well-positioned, income-producing asset that also offers expansion potential. The land was once a 15-lot mobile home park, and with 5.93 acres of usable space, an investor could add additional homes and restore the park to its full capacity. The owner currently carries general liability insurance and is responsible for yard maintenance, making this a smooth handoff for new ownership.
Property Features
0 Beds
0 Baths
5,000 Sqft
5.93 Acres
Electric (Heating)
Brunswick County
Not In Subdivision Community
Additional Photos
Contact Information
Adam Hashem
East Atlantic Realty LLC
704-962-2077
Location
Listing Agent: Adam Hashem (License #: 318849) 704-962-2077
Broker: East Atlantic Realty LLC 704-962-2077 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: East Atlantic Realty LLC 704-962-2077 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$1,500,000
--
Beds
--
Baths
5,000
Sqft
1150 Garretts Way NE, Leland, NC 28451
By contacting this agent you agree to these Terms and Conditions.
MLS# 100536239
Discover this rare, seller financing, investment opportunity
$1,500,000
1150 Garretts Way NE, Leland, NC 28451
--
Beds
--
Baths
5,000
Sqft
5.93
Acres
$1,500,000
1150 Garretts Way NE, Leland, NC 28451
-- Beds
-- Baths
5,000 Sqft
5.93 Acres
Discover this rare, seller financing, investment opportunity just 8 minutes from the Leland Walmart and U.S. Highway 17 - ideally located in one of the fastest-growing corridors in coastal North Carolina. Situated on 5.93 acres, this property currently includes 7 park-owned mobile homes, all tenant-occupied with long-term residents. Each home is separately metered for public utilities, providing steady cash flow and minimal management headaches. The park generates roughly $6,000/month in rent, with room for upside as current rents are below market - similar 2-bedroom units in the area rent for $1,000-$1,250/month. With titles in hand and most units from the 1990s, this is a well-positioned, income-producing asset that also offers expansion potential. The land was once a 15-lot mobile home park, and with 5.93 acres of usable space, an investor could add additional homes and restore the park to its full capacity. The owner currently carries general liability insurance and is responsible for yard maintenance, making this a smooth handoff for new ownership.
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Property Details
HOME DETAILS
0 Beds
0 Baths
5,000 Sqft
5.93 Acres
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
Brunswick County
Not In Subdivision Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7797382
Viewed
51 times
Listing Status
Active
Added
Jun 25, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100536239
Listing Agent: Adam Hashem (License #: 318849) 704-962-2077
Broker: East Atlantic Realty LLC 704-962-2077 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: East Atlantic Realty LLC 704-962-2077 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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