50 Pineview Circle, Wadesboro, NC
$1,495,000 · 18,900 sq ft · built 1986
Listing courtesy of RE/MAX Executive (Jamie Purvis). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
The strategic acquisition of stabilized land assets remains a primary focus for private capital seeking inflation-protected yields outside the traditional urban core. In Wadesboro, a city defined by its historic industrial resilience, this 1986-built portfolio offers a rare scale of operation across approximately 18,900 square feet of residential infrastructure. The composition of the 27-lot park emphasizes lower management intensity, with 22 units being tenant-owned and only one fully park-owned residence. A critical operational advantage lies in the utility configuration; each lot is served by individual septic systems and city-metered water, with billing redirected to the residents. For the sophisticated investor, the appeal resides in the immediate delta between current collections and regional market ceilings, providing a clear path toward enhanced capitalization rates. As the demand for essential housing continues to outpace supply in the Charlotte periphery, this portfolio represents a significant foothold in a tightening submarket. Private viewings and comprehensive financial disclosures are available through Peters & Associates.
About the home
Excellent opportunity to own a well-established mobile home park featuring 27 rental lots. One park-owned home, five rent-to-own homes, 22 lots tenant-owned-homes. All lots have a septic tank and all lots are water metered by the city and billed to the tenants. There is an opportunity to increase rents.
Price in context
- Asking $79 per square foot.
- Reduced $100,000 (6.3%) from the original $1,595,000 asking price.
- 119 days on the market, listed 2026-06-17.
- County tax assessment $218,500; the asking price is 6.84× the assessed value.
Location
Straight-line distances
- SouthPark Mall: 43.5 mi
- Charlotte Country Club: 43.5 mi
- Quail Hollow Club: 43.5 mi
- Uptown Charlotte: 46.3 mi
- Wilson Air Center (private aviation, CLT): 50.2 mi
- Charlotte Douglas International Airport: 51.0 mi
Features
- Construction
- Vinyl
- Kitchen & appliances
- None
- Heating
- Central
- Cooling
- Central Air
- Parking
- Driveway
- County
- Anson
Comparable homes on the market
- Tbd Horne Town Road, Polkton — $1,100,000, 7.4 mi away
- 4030 Union Church Road, Peachland — $18,000,000, 7.7 mi away
- 00 Pleasant Grove Church Road, Wadesboro — $1,479,000, 9.2 mi away
- 318 Mcfarlan Road, Morven — $1,850,000, 14,000 sq ft, 9.4 mi away
- 001 Us Hwy 74 Highway, Marshville — $2,900,000, 12.6 mi away
- 000 Us Highway 52 Highway, Cheraw — $2,180,000, 13.1 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.