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Address is 2239cannon Bridge Rd Cordova, SC 29039

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12-Space Mobile Home Park

Manufactured Home Community for Sale in Cordova, South Carolina

2239cannon Bridge Rd
Cordova, SC 29039

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Sale Price: $235,000
 

Mobile Home Park for Sale

Number of MH Lots: 12
Size: 5.3 acre(s)
Purchase Method: Cash, New Loan
Status: Active
Property ID: 850523
Posted on: Aug 26, 2017
Updated on: Nov 26, 2017
Price: $235,000

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.

Park Information

Number of MH Lots:12
Total Occupancy:100.0%
Average MH Lot Rent: $425
Size:5.3 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


Zip codes in Cordova, SC


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