Investment Overview

Marcus and Millichap is pleased to present for sale Crest Haven Mobile Home Park, located in Hopkins, South Carolina. The Park is situated on +/- 3.5 Aces and consists of 24 Park Owned Homes on a total of 25 Pads. The subject property had renovations done on the park and trailers in 2022. Current ownership put in 6-inch crushed asphalt on the driveway and added off street parking. Ownership has also renovated 20 of the 24 Park Owned Homes with ~$10,000 in renovations per unit. The renovations varied based on the condition of the unit. With these renovations current ownership has increased the Average Rent by over 35%. New Ownership has an opportunity to renovate the remaining Four Park Owned Homes, fill a vacant lot, and continue to increase rents to market rate.