Contact Information

Mobile Home Park Details

  • Price: $489,000
  • Purchase Method: Cash
  • Listing ID: 5308969
  • Posted On: Apr 16, 2024
  • Updated On: Apr 16, 2024


Real Estate Details:
Price: $489,000
Legally Zoned Lots with infrastructure: 15
Occupied Homes: 15
Tenant-Owned Homes (TOH): 9
Park-Owned Homes (POH): 6

Rental Details:
TOH Rent: ALL $100 per month
POH Rent: ALL $450 per month

Proforma Rents :
TOH Rent : $450 Per month
POH Rents :$900 Per month

Total Expense Ratio for TOH: 30%
Total Expense Ratio for POH: 40%
Total TOH Rent After Expenses: $7,560
Total POH Rent After Expenses: $19,440
Total Net Operating Income (NOI): $30,800

Utility Details:
Water: City Water (directly billed to tenants)
Electricity: Directly billed to tenants
Sewer: City Sewer (directly billed to Tenants)
Trash: included in water/sewage bill
Water Lines: Maintained by the City

Park Infrastructure Details:
Road Material: Asphalt and Gravel (Maintained by the City)
Road Condition: Good
Age of Mobile Homes: 1980s

Email me your first and last name and i will send you a NDA to get the Ball rolling!!


1 & 1/2 hours away from Charleston! South Carolina!

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Park Information

Community Type: All Age
Number of MH Lots: 15
Total Occupancy: 100.0 %
Year Built: 1980
Average MH Lot Rent: $100
Size: 2 acre(s)

Financial Information (Pro Forma)

Gross Income: $135,000
Operating Expense: $20,000
Net Operating Income: $105,000
Expense Ratio: 14.8 %

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 6
Average Rent for Park-owned Homes: $450

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