3976 Leesburg Rd - Manufactured Housing/Mobile Housing FOR SALE
Hopkins, SC 29061 |
$1,200,000 USD
954-902-5249
3976 Leesburg Rd
Hopkins, SC 29061
HIGHLIGHTS
- 28 Site Mobile Home Park Off Highway 15
- 27 POH (Park Owned Homes) / 1 Vacant Lot Ready For Infill
- 16 of the 27 Homes Occupied - The Balance of the Homes are Newly Renovated Waiting For Tenant Infill
- Pro Forma Approximate - NOI on Park Owned Homes All Rented at Market Levels: $250k
- Current Tenants Paying Below Market Rents - Park Owned Home Rent in the Market and Gov't Subsidized Rent Rate is More Than Double
- Management Company in Place
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 19,300 SF Bel-Aire MHP Located at 3976 Leesburg Road in Hopkins, SC. This Deal Includes a 28 Site Mobile Home Park Off Highway 15 and Current Tenants Paying Below Market Rents - Park Owned Home Rent in the Market and Gov't Subsidized Rent Rate is More Than Double Current Rent Rates , Providing For a Secured Investment.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$62 USD /SF
# OF UNITS
28
PRICE/UNIT
$42,857
CAP RATE
5.56%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bel-Aire MHP - Hopkins, SC
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
ADD'L SUBTYPES
Apartments, Office/Residential, Dormitory
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.74 AC
LAND SF
162,914 SF
ZONING
RU
APN/PARCEL ID
25000-01-03
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954-902-5249
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954-902-5249
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