The requested property is removed. Here are active Mobile Home Parks for Sale in Conway, South Carolina
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.2% (Actual)
  • Listing ID: 692181
  • Posted On: Jul 29, 2016
  • Updated On: Feb 15, 2017

Description

Park is mainly seniors. Clubhouse and upgraded pool in 2015. Majority of lots can hold doublewides. Possible city water/sewer in next 24 months, current water/sewer in good shape with upgrades done in last 10 years. 4 Storage buildings also. Occupancy has remained consistent. Sellers have not attempted to bring homes in. For financial and other information please visit us at www.birchrealty.com or contact us at 727-914-8729 or stan1@birchrealty.com

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

Park Information

Community Type: All Age
Number of MH Lots: 120
Total Occupancy: 64.0 %
Average MH Lot Rent: $200

Financial Information (Actual)

Gross Income: $271,259
Operating Expense: $97,653
Net Operating Income: $173,605
Expense Ratio: 36.0 %

Lot Information

Doublewide Lots: 120

RV Information

Number of RV Lots: 2
Average RV Lot Rent: $25

Utility Information

Water: Well
Water Paid By: Tenant - Submetered
Sewer: Treatment Plant

Park-Owned Homes

Number of Park-owned Homes: 19
Average Rent for Park-owned Homes: $500