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Pecan Grove Mobile Village

Multi Family Housing for Sale in Orangeburg, South Carolina

104 Maurice
Orangeburg, SC 29118

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Sale Price: $440,000
 

Mobile Home Park for Sale

Number of MH Lots: 24
Size: 11 acre(s)
Cap Rate: 9.0%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 686312
Posted on: Jul 11, 2016
Updated on: Sep 12, 2016
Price: $440,000

Property Description

Mobile Home Park – Orangeburg, South Carolina – Gross Yearly Revenue=$63,600 – 24 Lots Total – 22 Lots Occupied – 17 Tenant Owned Homes – 5 Park Owned Homes – Lot Rent=$150 – Mobile Home Rent=$550 – 10.97 Acres – 5 POHs = Singlewides With 3 Bedrooms & 2 Bathrooms – POHs=4 NEW Ranges (2014 April – 2016 March) – POHs=4 NEW Refrigerators (2014 April – 2015 Sept) – POHs=2 NEW HVACs (2015 Nov – 2016 June) – POHs=2 Complete Renovations (2014 April – 2015 Dec) – 2.3 Miles To Dollar General – 3.6 Miles To Lowes – 4 Miles To Wal-Mart – 4.1 Miles To Dollar Tree & IHOP – Electricity Is Directly Billed To Tenants From Public Utility Company – Water Is Directly Billed To Tenants From Public Utility Company – Sewer Is Septic With 1 Septic System Per 1 Mobile Home – Mobile Homes Are Positioned Parallel To The Streets – Mobile Home Park Has Approximately 770 Feet Of Paved Road Frontage On Shillings Bridge Road (Which Is A Paved State Road) – Mobile Home Park Contains 3 Gravel Streets (Monica Road / Debra Lane / Maurice Drive) – Streets Were Just Re-Graveled In Spring 2016 – White, Vinyl, 3 Rail Decorative Fence On Green Space Fronting Mobile Home Park Roads & Shillings Bridge Road – Orangeburg Median Home Price=$124,300 – Metro Area=Orangeburg Metro Area – Orangeburg Metro Area Population=92,229 – No Seller Financing – Seller Of MHP Is The Husband Of The SC Real Estate Listing Agent – Tenants Are Not Aware That The MHP Is For Sale – Please Do Not Tell The Tenants That The MHP Is For Sale – For Marketing Package Please Email: KristinAdams@comcast.net

Park Information

Number of MH Lots:24
Total Occupancy:92.0%
Average MH Lot Rent: $150
Size:11.0 acre(s)

Financial Information (Actual)

Gross Income$63,600
Debt Info

Lot Information

Singlewide Lots:24

RV Information

Number of RV Lots:0

Utility Information

Water:City
Water Paid By: Tenant - Individual Service
Sewer:Septic


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