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

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.

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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