Contact Information
Bill Jackson
Janico Properties, LLC
Mobile Home Park Details
- Price: $719,000
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 7056084
- Posted On: Jul 15, 2026
- Updated On: Oct 27, 2026
Description
Best to text me vs. calling. I rarely am able to answer the phone timely and not interested in chasing call backs. (804-337-8206).
Seller financing a possibilty but would require $400K down as there is a private mortgage that must be paid before I could legally finance.
Based on $719,000 sale price and $400,000 down = $3,048 monthly payment amortized over 15 years with balloon payment due in 5 years.
This provides a buyer another way to purchase and 5 years to either pay off or finance in a more traditional manner through a different lender.
Only selling due to plans to move to the beach and do not want to self manage from there nor pay someone else to do it.
11 home park, on 2 adjoining parcels, with room to expand.
- 100% occuppied as of August 2026
- 2 Singlewides and 9 Doublewides
- 1 home on 1st parcel with room to expand 1 or 2 homes
- 10 homes on the 2nd parcel w/extra acreage for expansion.
- City water and electric paid by tenant/homeowners
- Individual septic systems maintained by park owner.
- Park pays for trash (dumpster), electric light pole and landscaping.
- Landscaping reduced from $800 to $500 per month starting August 2026
- Quality handyman lives in on site and does repairs at reasonable costs.
- 2 homes have metal roof, 7 DW homes had shingle roof replaced 2022 &
2023, 1 SW got 20 year silicone coating and 1 SW is still original.
- Numerous HVAC systems replaced.
9 park owned homes
- 5 of 9 have been refreshed inside (1454, B, D, I & J) w/new tenants at $1300
DW & $850 SW (D)
- 4 homes orig. tenants - $800 -$875 per month, beginning Nov 1, 2026 (3DW
- C, G, & K and 1SW - H)
- Upside - refresh these 4 homes & move to $1300 month DW and $1000 SW
2 non park owned homes (Lot E and Lot F)
- Mortgages of $762 and $782 collected monthly plus ground rent.
- Both are financed for 6 years beginning April 1, 2026 and August 1, 2026
- Separate contract for ongoing ground lease at $200 month for each, with
$25 yearly increases contracted over the next 4 years.
- Owners restricted from moving home until mortage 100% satisfied.
- Large repair costs now avoided as homeowner is responsible for all repairs.
*** 2025 revenue impacted by a combination of targeted tenant turnover, home refreshes and extended vacancy while homes were either corrected or sold.
*** 2026 thru September reflects revenue of $89 358 and expenses at $36,107
September revenue off some due to deliquent tenants. (4 in the month)
*** Expenses also include management fees paid to my LLC as we self manage
*** Known deferred expenses:
- Lot B HVAC needs replaced (Currently on window units)
- Park wood rail fence needs repair or removal - May be completes prior to
sale. Quote just came in.
- Lots C, G, H and K are original tenants and other than new roofs for C,G, H
& K no significant interior improvements have been made other than
needed repairs as they occurred.
As of 11/1/2026 the scheduled monthly income is $11,319 with upside still available via rent increases, especially in the 4 remaining homes with original tenants.
These homes are NOT pad sites so do not try to price via pad methodology. Each home has yard front and back and on both sides.
Location
Rural community with 1 home on 1st parcel clearly visible by the main rd. The remaining homes are far less visible from the main rd.
To the uniformed, this appears as one MHP.
Ideally situated between Bateburg-Leesville and Gilbert.
Amenities
- Pet Friendly
Park Information
| Number of MH Lots: | 11 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $1,029 |
| Size: | 6 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $134,928 |
| Operating Expense: | $54,000 |
| Net Operating Income: | $84,200 |
| Expense Ratio: | 40.0 % |
| Debt Info: | Private Mortgage - Not assumable |
Lot Information
| Singlewide Lots: | 2 |
| Doublewide Lots: | 9 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |