Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 15.0%
- Listing ID: 792368
- Posted On: Mar 14, 2017
- Updated On: Aug 28, 2017
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.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 53 |
| Total Occupancy: | 95.0 % |
| Year Built: | 2000 |
| Average MH Lot Rent: | $275 |
| Size: | 30 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
