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Thee Creek Park 301 South Pineland Drive, Florence, SC 29505

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Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 0.0% (Actual)
  • Listing ID: 2561781
  • Posted On: Apr 21, 2023
  • Updated On: Sep 11, 2023

Description

10 units. 3 cottages (1 unfinished inside), 5 mobile homes and 2 mobile home lots for lease.
All units are rented w/ a waiting list. Cottages and mobilehomes are furnished and have been completely renovated. New AC units, water heaters. Except for the unfinished cottage (which has a new roof) no repairs needed.

Location

In the County , surrounded by the city. Near The Mcleod Hospital, shopping and restaurants. Perfect area for rentals.

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Park Information

Community Type: All Age
Number of MH Lots: 10
Total Occupancy: 100.0 %
Year Built: 1978
Average MH Lot Rent: $1,000
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $117,000
Debt Info: N/A

Lot Information

Singlewide Lots: 4
Doublewide Lots: 4

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $1,000

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