Kingstree Mobile Home Park

Multi-Family for Sale
Catylist Listing ID: 30807659
Property Subtypes: Mobile Home Park
Number of Units: 18 Units
Building Size (RSF): 16,200 SF
Gross Building Area: See Agent
Sale Price: $675,000 - 700,000
Unit Price: $37,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 12.0%
Last Updated: 11/25/2022

Overview / Comments

This is an 18 lot MHP with all units rented. These units are in very high demand and owners don't have any issues finding new tenants. Sellers have spent approx $150,000 over last two years improving the park. Water bill for entire park only average about $75 and is the owners responsibility. This is a great opportunity for a smart investor to create some good cash flow!

Additional Details

Nearest MSA: Florence
County: Williamsburg
Tax ID/APN: 18-030-067
Year Built: 1979

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,608 6,253 11,078
Median Age: 40.84 38.62 38.01
Households: 666 2,439 4,275


Photograph of Listing Agent

Ralph Wetherell

AgentOwned Realty SCCMLS Member
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