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Mobile Home Park

R & A MHP

8947 Salamander Rd, North Charleston, SC 29406

Listing Price: $975,000

Cap Rate
9.13%
Number of Spaces
12
Lot Size
2.70 acres
Occupancy
100.0%
Price/Space
$81,250
Spaces/Acre
4.44
Year Built
1978

Investment Overview

Marcus and Millichap is pleased to present R & A Mobile Home Park, located in North Charleston, South Carolina, situated right off I-26 near the major retail corridor on Rivers Avenue. The property consists of: - 2 Single Family Rentals - 9 Mobile Home Pads o 8 Park Owned Homes o 2 Tenant Owned Homes The property is on City Water and Sewer. The water is on a master meter, but the homes are metered. Ownership currently bills back the tenants for water. Trash is included in ownership taxes and handled by the city. Tenants are responsible for electric and maintaining landscaping. The road is private and paved with off street gravel parking for all homes.

Investment Highlights

  • Located Off I-26, easy for Commuting
  • Well Maintained by Current Ownership
  • Ability to Increase Rents

Exclusively Listed By

Listing Price: $975,000

Cap Rate
9.13%
Number of Spaces
12
Lot Size
2.70 acres
Occupancy
100.0%
Price/Space
$81,250
Spaces/Acre
4.44
Year Built
1978

Investment Highlights

  • Located Off I-26, easy for Commuting
  • Well Maintained by Current Ownership
  • Ability to Increase Rents

Investment Overview

Marcus and Millichap is pleased to present R & A Mobile Home Park, located in North Charleston, South Carolina, situated right off I-26 near the major retail corridor on Rivers Avenue. The property consists of: - 2 Single Family Rentals - 9 Mobile Home Pads o 8 Park Owned Homes o 2 Tenant Owned Homes The property is on City Water and Sewer. The water is on a master meter, but the homes are metered. Ownership currently bills back the tenants for water. Trash is included in ownership taxes and handled by the city. Tenants are responsible for electric and maintaining landscaping. The road is private and paved with off street gravel parking for all homes.

Exclusively Listed By

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