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Mobile Home Park

Darlington MHP

1337 Lide Springs Rd, Darlington, SC 29540

Listing Price: $655,000

Cap Rate
8.37%
Number of Spaces
20
Lot Size
16.42 acres
Occupancy
90.0%
Price/Space
$32,750
Spaces/Acre
1.22
Year Built
1995

Investment Overview

Marcus & Millichap is pleased to present Darlington MHP, an attractive mobile home park investment opportunity located in Darlington, South Carolina. This 20-pad community features a balanced mix of tenant types with 7 lot rentals, 11 rent-to-own units, and 2 vacant lots, providing immediate revenue with additional upside potential. Utilities are structured for cost-efficiency, as tenants are responsible for their own electricity, water is city-provided, and sewer is handled via a septic system, which helps reduce ongoing owner expenses.

Darlington, South Carolina, is a growing community with a robust local economy supported by manufacturing, agriculture, and healthcare industries. With its low cost of living and consistent demand for affordable housing, the area is an appealing market for long-term tenants seeking affordable options. This park’s diverse income streams help ensure stability, and the two vacant lots offer an immediate value-add opportunity to enhance cash flow and occupancy rates.

Investment Highlights

  • Efficient Utility Structure: The parks utility setup minimizes owner expenses while providing reliable services for residents.
  • Upside Through Vacancy Fill: Immediate potential to increase revenue by filling vacant spaces, enhancing cash flow and the property's overall return on investment.
  • Consistent Demand for Affordable Housing: The steady demand for adorable housing in the area supports long-term occupancy stability and continued rental growth.

Exclusively Listed By

Mobile Home Park

Darlington MHP

Listing Price: $655,000

Cap Rate
8.37%
Number of Spaces
20
Lot Size
16.42 acres
Occupancy
90.0%
Price/Space
$32,750
Spaces/Acre
1.22
Year Built
1995

Investment Highlights

  • Efficient Utility Structure: The parks utility setup minimizes owner expenses while providing reliable services for residents.
  • Upside Through Vacancy Fill: Immediate potential to increase revenue by filling vacant spaces, enhancing cash flow and the property's overall return on investment.
  • Consistent Demand for Affordable Housing: The steady demand for adorable housing in the area supports long-term occupancy stability and continued rental growth.

Investment Overview

Marcus & Millichap is pleased to present Darlington MHP, an attractive mobile home park investment opportunity located in Darlington, South Carolina. This 20-pad community features a balanced mix of tenant types with 7 lot rentals, 11 rent-to-own units, and 2 vacant lots, providing immediate revenue with additional upside potential. Utilities are structured for cost-efficiency, as tenants are responsible for their own electricity, water is city-provided, and sewer is handled via a septic system, which helps reduce ongoing owner expenses. Darlington, South Carolina, is a growing community with a robust local economy supported by manufacturing, agriculture, and healthcare industries. With its low cost of living and consistent demand for affordable housing, the area is an appealing market for long-term tenants seeking affordable options. This park’s diverse income streams help ensure stability, and the two vacant lots offer an immediate value-add opportunity to enhance cash flow and occupancy rates.

Exclusively Listed By

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