Palmetto State Mobile Home Park

Multi-Family for Sale
Catylist Listing ID: 30335799
Property Subtypes: Mobile Home Park
Number of Units: 6 Units
Building Size (RSF): 800 SF
Gross Building Area: See Agent
Sale Price: $272,000
Unit Price: $45,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 9.56%
Last Updated: 11/9/2018

Overview / Comments

Palmetto State Mobile Home Park is a 6-unit mobile home park fronting Highway 501, approximately 1 mile north of the Highway 501/Highway 22 Interchange.

Financials

Finance Data Year 2018
Gross Operating Income $33,000 (Annual)

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Horry
Tax ID/APN: 24516040001
Zoning: CFA
Percent Occupied: 83%
Property Located Between: Highway 501
Highway Access: Highway 501 is accessible from the front of the property.
Site Description: Property is a 1.68 acre parcel zoned CFA with 2 access points on Highway 501.
Area Description: Located between Conway and Aynor, subject property is located in an area currently transitioning from rural to suburban due to the development of single-family subdivisions throughout western Horry County. Growth in this particular area is fueled by the access to the beach provided by Highway 22 and the high caliber elementary, middle, and high schools in Aynor.
Total Number of Buildings: 5
Property Condition: Fair
Number of Stories: 1
Year Built: 1974
Zoning Description: Property is zoned CFA by Horry County.
Lot Frontage: 215
Lot Depth: 346
Water Service: Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,320 9,073
Median Age: 37.89 38.12
Households: 893 3,488

Contact

Photograph of Listing Agent

Heyes H Goldfinch

Tradd Commercial SCCMLS Member
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