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Address is 508 Winter Rain Conway, SC 29527

Christopher Barnhill

Barnhill Realty Company

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Ashlyn Estates MHP

Manufactured Home Community for Sale in Conway, South Carolina

508 Winter Rain
Conway, SC 29527

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Mobile Home Park for Sale

Number of MH Lots: 53
Size: 30 acre(s)
Cap Rate: 15.0%
Purchase Method: Cash, New Loan
Status: Sold
Property ID: 792368
Posted on: Mar 14, 2017
Updated on: Aug 28, 2017

Property Description

CASH COW: This park has 53 mobile home spaces and 23 park owned homes, 7 lots unimproved and an additional 5 acres of undeveloped land which is already approved for 12 more sites. Ashlyn Estates sits on over 30 acres just 25 minutes from the ocean. The park is managed by one of the owners that will be retiring after the sale but Barnhill Property Management company would consider managing the property for a fee of 10%.

One of the owners is a SC license realtor.

Park Information

Number of MH Lots:53
Total Occupancy:95.0%
Year Built:2000
Average MH Lot Rent: $275
Size:30.0 acre(s)

Utility Information

Water Paid By: Park

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