Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 850523
  • Posted On: Aug 26, 2017
  • Updated On: Sep 26, 2018

Property Description

Property consists of 11 park owned mobile homes and 1 house sitting on 5.25 acres close to Orangeburg, SC. Property is only a few miles to a Walmart Neighborhood Market . Four of the units face and sit on the main highway (Cannon Bridge Rd.) and the other Eight units sit behind them along a private road (Woodchopper Dr.) that has 2 entrances from highway. All units are rented out and in good repair.

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Park Information

Community Type: All Age
Number of MH Lots: 12
Total Occupancy: 100.0 %
Average MH Lot Rent: $425
Size: 5 acre(s)

Financial Information (Pro Forma)

Gross Income $61,000
Operating Expense $13,000
Net Operating Income $48,800
Expense Ratio 21.3 %
Debt Info

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 12
Average Rent for Park-owned Homes: $425

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