Scenic Lake Mobile Home Park | 5350 Scenic Lake Dr
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Scenic Lake Mobile Home Park 5350 Scenic Lake Dr
35 Unit Mobile Home Park $2,200,000 ($62,857/Unit) Rembert, SC 29128
Investment Highlights
- Below market rental rates representing an opportunity to immediately increase revenues through rental increases.
- Publicly serviced water and sewer directly billed to tenants resulting in reduced expense load.
- 92% current occupancy provides ownership with steady and predictable cash flows.
- Due to the recent park owned home renovations and roadway improvements, the park requires minimal CAPEX upon takeover.
Executive Summary
MH Pro Group is pleased to exclusively offer the sale of Scenic Lake Mobile Home Park, a 37-pad manufactured housing community located in Sumter County, South Carolina. Of the 37 Pads, 33 are occupied by park-owned homes (one vacant), two are occupied by tenant-owned homes, and two are empty pads. Water services in the park are public and billed directly to the tenants. The sewer in the park is handled off-site by a regional provider who directly bills the tenants. The current ownership has completed significant CAPEX improvements to the park, which represents an opportunity for new investors to step into steady cash flows.
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Property Facts
| Price | $2,200,000 | Apartment Style | Single Family Home |
| Price Per Unit | $62,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 22.20 AC |
| No. Units | 35 | Building Size | 10,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1990 |
| Price | $2,200,000 |
| Price Per Unit | $62,857 |
| Sale Type | Investment |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 22.20 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1990 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,450 | Total Assessment | $2,450 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,450
Improvements Assessment
$0
Total Assessment
$2,450
zoning
| Zoning Code | Commercial |
| Commercial |
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Henry Walker -
Taylor Kirk -
MH Pro Group LLC
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Scenic Lake Mobile Home Park | 5350 Scenic Lake Dr
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