43-Lot Mobile Home Park with Development Upside
Mobile Home ParkMyrtle Beach, Horry County, South Carolina
Listing Details
- Asking Price
- $2.4M
- City
- Myrtle Beach
- County
- Horry County
- State
- South Carolina
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About 43-Lot Mobile Home Park with Development Upside
The previous owner passed away over two years ago after experiencing health issues for several years prior. As a result, very little active marketing was done on the property during that period. There is an opportunity to improve occupancy through professional management and increased marketing. In the broker's opinion, lot rents should be $450 per month per occupied lot.
This is the broker's opinion, and market rents should be independently verified by the buyer.
Edison Circle consists of larger-than-typical mobile home lots. The lots are fee simple, which would provide an opportunity for development. An investor could potentially continue operating the property as a rental community or explore selling individual lots. One potential strategy may be to work with a manufactured housing company or dealer to place homes and sell the fee-simple lots individually.
Frequently Asked Questions
How much does 43-Lot Mobile Home Park with Development Upside cost?
43-Lot Mobile Home Park with Development Upside is listed at $2.4M. Request full financials through Parkvestor for a direct introduction to the listing broker.
What type of property is 43-Lot Mobile Home Park with Development Upside?
43-Lot Mobile Home Park with Development Upside is a mobile home park located in Myrtle Beach, South Carolina, currently listed for sale.
Where is 43-Lot Mobile Home Park with Development Upside located?
43-Lot Mobile Home Park with Development Upside is located in Myrtle Beach, South Carolina. Browse more mobile home parks for sale in South Carolina on Parkvestor.
How do I get more information about 43-Lot Mobile Home Park with Development Upside?
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