South Carolina continues to emerge as a strong market for mobile home park investments, offering a mix of affordability, stability, and long-term growth potential. With rising housing costs nationwide, manufactured housing communities (MHCs) are providing attractive opportunities for both investors and residents seeking affordable living options.

If you’re considering mobile home parks for sale in South Carolina, here are the top listings currently available. Each property offers unique advantages in location, tenant stability, and return on investment.

Mobile Home Park with high ROI

Looking for a mobile home park investment? This property at 317 Southstar Street in Spartanburg, SC, is available for $149,000 and boasts a high Actual Cap Rate of 14.0%.

The park has space for 6 mobile home units on one acre, with 5 park-owned homes currently rented, resulting in an 80% occupancy rate. The Gross Income is $29,482, with a Net Operating Income (NOI) of $20,282.

Current Rental Income Details:

1 Remodeled Unit: $750 (Recently vacant)
1 Renovated Unit: $675
1 Remodeled Unit: $650
1 Un-remodeled Unit: $400
1 Un-remodeled Unit: $350
1 Empty Pad is available.

The tenants pay separate bills for water and electricity. The property is offered for Cash or New Loan only; NO OWNER FINANCING is available.

Investment Snapshot:

Price: $149,000
Cap Rate: 14.0%
MH Lots: 6
Occupancy: 80%

Orangewood Mobile Home Park

PRICE REDUCED! Invest in this Value-Add opportunity, the Orangewood Mobile Home Park, located in Orangeburg, SC, now priced at $550,000.

This 15-acre park features 41 developed mobile home lots with a current 50% occupancy (20 occupied lots). The property is owned Free and Clear of debt. The Pro Forma Cap Rate is 4.4%, projecting a Gross Income of $60,000 and a Net Operating Income (NOI) of $55,300.

Key Investment Highlights:

Zoning: Grandfathered zoning allows for a potential density of 7 homes per acre.
Expansion Potential: Adding a sewer system could allow the park to expand to 102 mobile homes at max capacity.
Current Lot Rent: Low for the area, ranging from $250.00 to $320.00 (area average is up to $350).
Utilities: City Water and Septic, with tenants paying for water individually.

This acquisition is a chance to significantly increase returns through lot fill-up and potential development. The purchase method is Cash or New Loan.

Investment Snapshot:

Location: Orangeburg, SC
Price: $550,000 (Price Reduced)
Total Lots: 41 (Expandable to 102)
Occupancy: 50%

Reaves Mobile Home Park

Invest in a Value-Add opportunity in the highly sought-after area of Murrells Inlet, SC. The Reaves Mobile Home Park is listed for $450,000.

This park is a classic "Mom and Pop" property offering 8 mobile home spaces on a 1-acre lot. It currently includes 5 older, park-owned homes in the purchase price, resulting in a 75% occupancy rate.

Key Investment Points:

Income Potential: The 5 included homes rent "as is" for $600.00 per month.
Vacant Spaces: 3 spaces are currently vacant, offering immediate income upside by placing new homes.
TLC Needed: The park requires attention and management, presenting a significant opportunity for a hands-on investor.
Zoning: The park is grandfathered, allowing homes to be replaced.
Utilities: Currently served by 4 septic tanks and 1 water well (water is currently paid by the park). Public water and sewer are available at the street for those who wish to upgrade.

The property is located near the 707 exit off Business 17 Bypass in Murrells Inlet, a picturesque fishing village. The purchase method is Cash only.

Investment Snapshot:

Location: Murrells Inlet, SC
Price: $450,000
Total Lots: 8
Occupancy: 75%
Included Homes: 5 (Park-owned)
Average Rent: $600/month
Contact: Mary Jane Duke, Duke Realty

Why Invest in South Carolina Mobile Home Parks?

Growing Demand for Affordable Housing – Rising home prices and rental costs are driving demand for manufactured housing communities.
Strong Regional Economy – South Carolina benefits from diverse industries including manufacturing, healthcare, military, and logistics.
High Yield Opportunities – With cap rates ranging from 6.6% to over 13%, investors can find both stable cash flow and high-return properties.
Strategic Locations – Proximity to Charlotte, Columbia, and coastal cities adds commuter appeal and long-term tenant stability.

Final Thoughts

Mobile home park investments in South Carolina present a rare combination of stability, affordability, and growth potential. Whether you are looking for a small stabilized community, a large-scale portfolio, or high-yield properties, South Carolina’s market has diverse options to match your investment strategy.

To explore more opportunities, visit Mobile Home Parks for Sale in South Carolina and connect with experienced brokers to secure your next investment.