Kingstree Mobile Home Park
Multi-Family
for Sale
Catylist Listing ID: |
30807659 |
Property Subtypes: |
Mobile Home Park
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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: |
6/23/2022 |
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!
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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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