Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1015116
- Posted On: Dec 12, 2018
- Updated On: Mar 11, 2019
Description
This is a great investment property. It is a mini mobile home park. It is actually 2 properties with a total of 4 mobile homes. The properties are right next to each other (Lot 1 & 2) and total 3.32 acres. One property has one double wide and one single wide and the other property has two single wides. Each mobile home is occupied with longtime tenants, bringing in monthly rents totaling $2295/month. Properties are located in an excellent school district and new subdivisions are being developed right around the corner. Also, low SC taxes. Owner's expenses are very low. Current expenses are taxes ($101/month), insurance ($45/month), and electric bill for well pump ($25/month). Properties have required very little maintenance and all tenants direct deposit their rents each month, so no property manager is required. The properties have a well and septic tank. New pump and tank installed this year. You do not want to miss this great opportunity! It's an investor's dream!
Park Information
Community Type: | All Age |
Number of MH Lots: | 4 |
Total Occupancy: | 100.0 % |
Year Built: | 1993 |
Average MH Lot Rent: | $2,295 |
Size: | 3 acre(s) |
Lot Information
Singlewide Lots: | 3 |
Doublewide Lots: | 1 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 4 |
Average Rent for Park-owned Homes: | $573 |