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Mobile Home Park

5513 Woodbine Mobile Home Park

5513 Woodbine Ave, North Charleston, SC 29406

Listing Price: $555,000

Cap Rate
7.76%
Number of Spaces
9
Lot Size
0.68 acres
Occupancy
96.3%
Price/Space
$61,667
Spaces/Acre
13.24
Year Built
1959

Investment Overview

The McDaniel Team of Marcus & Millichap is pleased to present for sale the Woodbine Avenue Mobile Home Park, located in North Charleston, South Carolina. Woodbine MPH consists of 6 Park Owned Homes, 2 Lot Rent Homes, and 1 Stick Build Home. The age of the Mobile Homes ranges from 1975-1985. The park is on City Water/Sewer, current ownership pays for single water meter and bills the tenants a $35 flat rate fee. The tenants are responsible for electric and each pad including the stick build home have off street parking.

Investment Highlights

  • High Barrier to Entry Market with a Competitively Priced Asset
  • Well-Maintained Park with High Historical Occupancy Levels
  • Centrally Located Next to Both Interstate-26 and Interstate-526

Exclusively Listed By

Mobile Home Park

5513 Woodbine Mobile Home Park

Listing Price: $555,000

Cap Rate
7.76%
Number of Spaces
9
Lot Size
0.68 acres
Occupancy
96.3%
Price/Space
$61,667
Spaces/Acre
13.24
Year Built
1959

Investment Highlights

  • High Barrier to Entry Market with a Competitively Priced Asset
  • Well-Maintained Park with High Historical Occupancy Levels
  • Centrally Located Next to Both Interstate-26 and Interstate-526

Investment Overview

The McDaniel Team of Marcus & Millichap is pleased to present for sale the Woodbine Avenue Mobile Home Park, located in North Charleston, South Carolina. Woodbine MPH consists of 6 Park Owned Homes, 2 Lot Rent Homes, and 1 Stick Build Home. The age of the Mobile Homes ranges from 1975-1985. The park is on City Water/Sewer, current ownership pays for single water meter and bills the tenants a $35 flat rate fee. The tenants are responsible for electric and each pad including the stick build home have off street parking.

Exclusively Listed By

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