Contact Information

Mobile Home Park Details

  • Price: $99,000
  • Purchase Method: Cash
  • Property ID: 1494680
  • Posted On: Aug 11, 2021
  • Updated On: Aug 11, 2021

Property Description

Cash Flow Opportunity! Small 6 lot park with 3 lots rented, 2 vacant mobile homes and 1 vacant lot. Mobile Homes rent on average for $750 a month or more in the surrounding area. Lot rent on average is $350 and up. With a small cap x expenditure this park can easily produce 40k a year. Please do not disturb tenants.

Please call Russ at 843-302-1936

Kenneth Reed at 843-509-4075
Kennethreed98@yahoo.com

Location

COLUMBIA, SC

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Park Information

Number of MH Lots: 6
Total Occupancy: 30.0 %
Year Built: 1965
Average MH Lot Rent: $200
Size: 1 acre(s)

Financial Information (Pro Forma)

Gross Income $39,600
Operating Expense $9,200
Net Operating Income $30,400
Expense Ratio 23.2 %
Debt Info

Lot Information

Singlewide Lots: 6

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 2