Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1494680
- Posted On: Aug 11, 2021
- Updated On: Jan 21, 2022
Description
Cash Flow Opportunity! Small 6 lot park with 3 lots rented, 2 vacant mobile homes and 1 vacant lot. Mobile Homes rent on average for $750 a month or more in the surrounding area. Lot rent on average is $350 and up. With a small cap x expenditure this park can easily produce 40k a year. Please do not disturb tenants.
Please call Russ at 843-302-1936
Kenneth Reed at 843-509-4075
Kennethreed98@yahoo.com
Location
COLUMBIA, SC
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Park Information
| Number of MH Lots: | 6 |
| Total Occupancy: | 30.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $200 |
| Size: | 1 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $39,600 |
| Operating Expense: | $9,200 |
| Net Operating Income: | $30,400 |
| Expense Ratio: | 23.2 % |
Lot Information
| Singlewide Lots: | 6 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |