Mobile Home Park Details

Purchase Method: Cash
Listing ID: 504377
Posted On: Jan 21, 2015
Updated On: Jul 1, 2015

Description

- Seller financing may be available.
- Very little infrastructure maintenance and risk because all above and below ground utility lines and roads are the responsibility of the municipality or provider.
- Out of state current owner bought community seven years ago. Tremendous opportunity for next buyer to start home program and fill sites.
- Water, sewer and electric billed directly to tenants by municipality.
- Clean park with no deferred maintenance, abandoned homes or inventory homes.
- Should always be very low maintenance park and currently has very strong collections with only one seasonal maintenance person on-site.
- Six more homes scheduled to be moved in to the park in 1Q 2015 by third party. One home already pre-sold.
- Potential to increase rents.

Location

- Greenwood is located in the Piedmont Region of South Carolina and just hours away from South Carolina' s beautiful beaches and the Blue Ridge Mountains. The Sumter National Forest, Lake Murray and Lake Greenwood State Park are all within driving distance of the property.
- Conveniently located off of US-25, Bingham Farms is less than five miles from seven of the county' s top ten principal employers.
- Greenwood County is home to Fuji Photo Films North American manufacturing complex (1,100 employees), Carolina Pride Foods Inc. (910 employees) and Eaton Corporation (910 employees).
- Portucel S.A., a wood pellet manufacturer, is investing $110 million in a new facility that will bring 70 new jobs to the area. The facility will be located less than six miles from the community.
- Located less than three miles away is the Self Regional Medical Center, the county' s top employer with 2,314 employees in 2013. The hospital features a Level II trauma center, emergency care, intensive and cardiac care units, neonatal intensive care, and a MUSC-affiliated cancer center.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Get Financing