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$625,000
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Property Description
Excellent investment opportunity close to Morganton! This mobile home park (5883 Jenkins Road) features 20 total units, 15 rented, offering immediate and consistent cash flow. The seller owns the land and homes, with tenants in place and strong return potential. This is a turnkey opportunity for investors seeking stable income in a growing affordable housing market. With strong demand for reasonable rent and limited inventory in the area, this property is well-positioned for long-term performance.
Full Property Details
Full Property Details for 5873 Jenkins Rd
General
- Sold For: $625,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4359055
- Added to Site: 148 day(s) ago
Location
- County: Burke
- Complex: Jenkins Manor
- Driving Directions: I-40 West to exit 103. Turn left on 64 for 5.1 miles, turn left onto Rose Carswell Road, go .7 mile, turn left on Jenkins Road, go .6 mile and MHP will be on the right. Do Not Disturb Tenants.
Structural Information
- Construction: Manufactured
Lot Features
- Street/Road Desc.: Dirt, Gravel
- Lot Features: Rolling Slope
Financial Considerations
- Operating Expenses: $15,302
Disclosures and Reports
- Restrictions: No Representation
- Inclusions: Land, Other
- Property ID: 10347
- Lot Number: 2226-7
Listed and Sold by Realty Executives of Hickory
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Schools
Schools serving 5873 Jenkins Rd
School District:Burke County Schools
| Name | Grades | Distance |
|---|---|---|
Salem Elementary, Morganton, NC 1329 Salem Road, Morganton, NC 28655 | PK-5 | 2.9 mi |
Liberty Middle 529 Enola Road, Morganton, NC 28655 | 6-8 | 4.7 mi |
Robert L Patton High School 701 Enola Road, Morganton, NC 28655 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5873 Jenkins Rd
Date
Details
Price
Change
Source
8/14/2026
Sold
$625,000
-16.67%
MLS
3/25/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5873 Jenkins Road, Morganton, NC 28655 (MLS# 4359055) is a Commercial property that was sold at $625,000 on August 14, 2026. Want to learn more about 5873 Jenkins Road? Do you have questions about finding other Commercial real estate for sale in Morganton? You can browse all Morganton real estate or contact a Coldwell Banker agent to request more information.

