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 |
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 |
|
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