Property Description:

new updated addendum terms available. See comments below.  

$850,000 price

60,000k down payment

3% interest 

35 year amortization

8 year balloon

Payment to seller roughly 3,117.29 a month, taxes roughly $200 month no insurance (mobile homes are not required to be insured in SC)9 lots. renters insurance

7 park owned 

2.34 acre

 9 Lots

7 Park owned homes

2 vacant lots

Owner financing available

• Value add possibilities

Potential for up to 9%+ cap rate

• Individual Tax ID#'s

No Reno necessary but can to maximize return

5 rent for 700

1 rents for 900

1 rent for 1000 (only vacant unit)

6/7 occupied ($5400 month when fully occupied) 

2 land lots ($1000 month fully occupied)

6400 month income fully occupied (room to raise rates by over $200 each unit)

Discover the unique opportunity presented by this well-maintained mobile home park, featuring 7 double-wide homes and 2 vacant lots in a serene environment. With long-term tenants already established, this property offers immediate income potential and a stable investment opportunity with possible value add. Each spacious home includes dedicated parking and enjoys a separate Tax ID number, ensuring ease of management and individual ownership. The park's appealing location and owner financing options make it an attractive choice for investors seeking both immediate returns and long-term growth. Don’t miss out on this chance to own a thriving mobile home park with a solid tenant base and significant potential for expansion. 

close before September 25, 2024