Contact Information
Bill Jackson
Janico Properties, LLC
Mobile Home Park Details
- Price: $749,000
- Purchase Method: Cash, New Loan
- Listing ID: 7056084
- Posted On: Jul 15, 2026
- Updated On: Aug 29, 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).
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 -$850 per month (3DW - C, G, & K and 1SW - H)
- Upside - refresh these 4 homes & move to $1300 month DW and $950 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 August reflects revenue of $80,773 and expenses at $33,770
*** 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
- Lots C, G, H and K are original tenants and other than new roofs for C,G &
K no significant interior improvements have been made other than
needed repairs as they occurred.
As of 8/1/2026 the scheduled monthly income is $11,179 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.
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.
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: | $1,016 |
| 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 - May or may not be 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 |