Sands Investment Group is Pleased to Exclusively Offer For Sale the 19,300 SF Bel-Aire MHP Located at 3976 Leesburg Road in Hopkins, SC. This Deal Includes a 28 Site Mobile Home Park Off Highway 15 and Current Tenants Paying Below Market Rents - Park Owned Home Rent in the Market and Gov't Subsidized Rent Rate is More Than Double Current Rent Rates, Providing For a Secured Investment.
PROPERTY HIGHLIGHTS:
• • 28 Site Mobile Home Park Off Highway 15
• 27 POH (Park Owned Homes) / 1 Vacant Lot Ready For Infill
• 16 of the 27 Homes Occupied - The Balance of the Homes are Newly Renovated Waiting For Tenant Infill
• Pro Forma Approximate - NOI on Park Owned Homes All Rented at Market Levels: $250k
• Current Tenants Paying Below Market Rents - Park Owned Home Rent in the Market and Gov't Subsidized Rent Rate is More Than Double Current Rent Rates
• Management Company in Place
• Private Septic / Well Water
• Gravel Road, Cements Pads
• Mix of 80s and Later Model Homes
• Seller Financing Offer Will Be Entertained For Qualified Buyers With a 2-Year Balloon Payment Max Term
