Mobile Home Park
Clinton MHP
1075 N Broad St, Clinton, SC 29325
Listing Price: $815,000
Investment Overview
Marcus & Millichap is pleased to present Clinton MHP, a well-located mobile home park investment opportunity in Clinton, South Carolina. This 25-pad community offers a mix of lot rent, rent-to-own, and park-owned home options, maximizing income potential and catering to a range of tenants. The property’s layout includes 10 lot rental pads, 9 rent-to-own units, 2 single family homes, 1 vacant park owned home, and 3 vacantlots for future tenant placement, and 3 vacant park owned homes, ready for new occupants. Utilities are tenant-friendly, with electricity billed directly to residents, and water and sewer provided by the city, reducing operational overhead and maintenance responsibilities for the owner.
Clinton, South Carolina, is part of the Greenville-Spartanburg-Anderson metropolitan area, benefitting from the region’s economic stability and growth while maintaining an affordable cost of living. The local economy is bolstered by industries such as manufacturing, healthcare, and retail, supporting a consistent demand for workforce housing. As affordability challenges drive more residents toward mobile home communities, Clinton MHP is well-positioned to meet this growing demand with stable occupancy and the potential to improve revenue.
Clinton MHP
Investment Highlights
- Diverse Revenue Streams: Generates income from multiple tenant types offering a balanced income profile and mitigates risk by appealing to a variety of tenant needs.
- Value-Add Opportunity: Filling vacant spaces could enhance cash flow and occupancy rates while adding value to the overall investment.
- Growing Demand in Affordable Housing: Clinton, SC benefits from proximity to the Greenville Spartanburg-Anderson metro area, which is experiencing economic and population growth.
Exclusively Listed By
Listing Price: $815,000
Investment Highlights
- Diverse Revenue Streams: Generates income from multiple tenant types offering a balanced income profile and mitigates risk by appealing to a variety of tenant needs.
- Value-Add Opportunity: Filling vacant spaces could enhance cash flow and occupancy rates while adding value to the overall investment.
- Growing Demand in Affordable Housing: Clinton, SC benefits from proximity to the Greenville Spartanburg-Anderson metro area, which is experiencing economic and population growth.
Investment Overview
Marcus & Millichap is pleased to present Clinton MHP, a well-located mobile home park investment opportunity in Clinton, South Carolina. This 25-pad community offers a mix of lot rent, rent-to-own, and park-owned home options, maximizing income potential and catering to a range of tenants. The property’s layout includes 10 lot rental pads, 9 rent-to-own units, 2 single family homes, 1 vacant park owned home, and 3 vacantlots for future tenant placement, and 3 vacant park owned homes, ready for new occupants. Utilities are tenant-friendly, with electricity billed directly to residents, and water and sewer provided by the city, reducing operational overhead and maintenance responsibilities for the owner. Clinton, South Carolina, is part of the Greenville-Spartanburg-Anderson metropolitan area, benefitting from the region’s economic stability and growth while maintaining an affordable cost of living. The local economy is bolstered by industries such as manufacturing, healthcare, and retail, supporting a consistent demand for workforce housing. As affordability challenges drive more residents toward mobile home communities, Clinton MHP is well-positioned to meet this growing demand with stable occupancy and the potential to improve revenue.
Exclusively Listed By
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