Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 696993
  • Posted On: Aug 14, 2016
  • Updated On: Jan 23, 2017

Description

3.92 acres with 15 approved spaces and 9 older single wide units. 6 additional spaces need work.Gross rents approximate $3400 per month.Good upside with additional units and upgrades. Rents could stand increase and property needs cosmetic attention. Property has public water and septic. Owner is retiring. Tenant pays electric , park pays water.

Location

Located on major highway ( 321 ) between Gaston and West Columbia,Lexington County, S.C. , near Interstate #26 and New Farmers Market.

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Park Information

Community Type: All Age
Number of MH Lots: 15
Total Occupancy: 100.0 %
Average MH Lot Rent: $375
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $40,800

Lot Information

Singlewide Lots: 15

Park-Owned Homes

Number of Park-owned Homes: 9
Average Rent for Park-owned Homes: $375