Mobile Home Park
Location South Carolina,United States
Asking Price Range < $250K
Gross Revenues $35880
Net Profit / Cash Flow $28150
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1955
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Updated Mobile Home Park for sale in New Ellenton, South Carolina. Property is a total of 1.3 acres with 11 sites for homes. There are currently 6 mobile homes on the property with room for 5 more. There is also room at the rear of the property for an RV trailer and hook-ups for water and electric. Dependable tenants with longevity are in place. Currently the property owner has employed a manager to handle maintenance and the collection of rents. 100% Occupancy rate. Cap Rate = 11.7%. With room for additional homes and additional rental income, this property has high potential for a new owner.
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