Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.0%
  • Listing ID: 1255252
  • Posted On: May 13, 2020
  • Updated On: Jun 10, 2020

Description

Well maintained and quiet 7 unit mobile home park on 2.01 acres. Park uses small water (no daily water testing required).
Consistent rental income.
Other adjacent properties are available for sale (info located in downloaded documents)

Location

Located 20 miles from Ft Jackson Army Base, 15 miles from downtown Columbia,

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Total Occupancy: 86.0 %
Size: 2 acre(s)

Financial Information (Pro Forma)

Gross Income: $44,880
Operating Expense: $7,100
Net Operating Income: $37,800
Expense Ratio: 15.8 %

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 7
Average Rent for Park-owned Homes: $535

Similar Mobile Home Parks for Sale