Contact Information

Mobile Home Park Details

  • Price: $250,000
  • Purchase Method: Cash
  • Cap Rate: 9.0%
  • Property ID: 1431795
  • Posted On: May 2, 2021
  • Updated On: May 2, 2021

Property Description

Store that is being use as a detail shop. The rent is $450.00. I purchase a new mobile home ( 2021 14 x 66 with 3bd 2ba) 4/28/21.

Location

This park is in the Bamberg S. C. city limits

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Park Information

Community Type: All Age
Number of MH Lots: 8
Total Occupancy: 100.0 %
Average MH Lot Rent: $250
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $34,800
Operating Expense $3,480
Net Operating Income $31,320
Expense Ratio 10.0 %
Debt Info N/A

Lot Information

Singlewide Lots: 7
Doublewide Lots: 1
Triplewide Lots: 0
Park Model Lots: 8

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $700

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