Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.0% (Pro Forma)
- Listing ID: 1255252
- Posted On: May 13, 2020
- Updated On: Jun 10, 2020
Description
Well maintained and quiet 7 unit mobile home park on 2.01 acres. Park uses small water (no daily water testing required).
Consistent rental income.
Other adjacent properties are available for sale (info located in downloaded documents)
Location
Located 20 miles from Ft Jackson Army Base, 15 miles from downtown Columbia,
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Total Occupancy: | 86.0 % |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $44,880 |
| Operating Expense: | $7,100 |
| Net Operating Income: | $37,800 |
| Expense Ratio: | 15.8 % |
Lot Information
| Singlewide Lots: | 7 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $535 |