Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 850523
- Posted On: Aug 26, 2017
- Updated On: Sep 26, 2018
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.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 12 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $425 |
Size: | 5 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $61,000 |
Operating Expense: | $13,000 |
Net Operating Income: | $48,800 |
Expense Ratio: | 21.3 % |
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 |