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$422,500

198 Sycamore Road
Southport, NC 28461

Commercial Sale|Sold 01/14/2026
0
Beds
0
Total Baths
924
SqFt
$457
/SqFt
1985
Built
Subdivision:
Boiling Spring Lakes
County:
Brunswick
Call Now: 910-408-4250
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910-408-4250
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Excellent opportunity to acquire a fully rented four-property portfolio in Boiling Spring Lakes, NC. All four properties are manufactured homes taxed as real property, offering a combined monthly rental income of $4,600 (annual gross income of $55,200). The portfolio includes: 281 Holly Dr (PID 142GF01912): 3 BR / 1.5 BA - Rented for $1,200/mo; 198 Sycamore Rd (PID 142GH001): 2 BR / 1.5 BA - Rented for $1,200/mo; 53 Elm St (PID 142JE003): 2 BR / 2 BA - Rented for $1,200/mo; 69 Elm St (142JE00403): 2 BR / 1 BA - Rented for $1,000/mo. Each home is individually listed on the residential MLS but being sold together as a package. Tenants are in place, providing immediate cash flow and low turnover risk. Boiling Spring Lakes is a growing community offering desirable amenities such as a community center, multiple parks, boat and kayak launches, walking trails, a public golf course, and more, supporting strong rental demand and long-term investment stability. This portfolio represents a turnkey, income-producing opportunity with consistent performance and upside potential in one of Brunswick County's most affordable and accessible rental markets.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
924 sqft
Lot Size 
0.23 Acres
Year Built 
1985
MLS® Number 
100538455
Status 
Sold
Property Tax 
$210.51
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.23
Additional Property Use 
Manufactured Home
Available on 
2025-10-28
Parking 
UnpavedOff Street
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
924
Water Source 
Public
Zoning 
Bs-R-5
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central Air
Flooring 
Carpet
Heating 
ElectricHeat Pump
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Exterior Features
Construction Details 
Aluminum Siding
Lot Features 
See Remarks
Road Frontage 
City StreetState Road
Roof 
Membrane
Community Features
Financing Terms Available 
1031 ExchangeCash
Roads 
Paved
Neighborhood & Commute
Source: Walkscore
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