Excellent opportunity to acquire a fully rented four-property

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Lot Sale Pending

198 Sycamore Road lot: 227

Southport, North Carolina 28461

Brunswick County

Community: Boiling Spring Lakes

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$450,000 0.230 acres

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.

  • Lot Size: 0.230 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $211
  • MLS #: 100538455
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Taylor L Pulliam
Salt and Stone Property Group

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Beach Lot Sale Pending in Southport, North Carolina
Ad Number: 6794473
Viewed 44 times.
Updated: Nov 27, 2025

This property is a Lot located at 198 Sycamore Road lot: 227, Southport, North Carolina 28461, and is currently Sale Pending at $450,000.