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Scenic Lake Mobile Home Park 5350 Scenic Lake Dr

35 Unit Mobile Home Park $3,118,434 CAD ($89,098 CAD/Unit) Rembert, SC 29128

Mobile Home & RV Parks South Carolina Rembert 5350 Scenic Lake Dr, 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.

Data Room Click Here to Access

Property Facts

Price $3,118,434 CAD Apartment Style Single Family Home
Price Per Unit $89,098 CAD 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 $3,118,434 CAD
Price Per Unit $89,098 CAD
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
Multiple
  • 137-00-03-018
  • 150-09-01-002
 Improvements Assessment $0 CAD
Land Assessment $3,473 CAD Total Assessment $3,473 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 137-00-03-018
  • 150-09-01-002
Land Assessment
$3,473 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,473 CAD

zoning

Zoning Code Commercial
Commercial
(864) 414-8347

  • Listing ID: 33436126

  • Date on Market: 2024-10-07

  • Last Updated:

  • Address: 5350 Scenic Lake Dr, Rembert, SC 29128

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Scenic Lake Mobile Home Park | 5350 Scenic Lake Dr
(864) 414-8347 x

Scenic Lake Mobile Home Park | 5350 Scenic Lake Dr

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Henry Walker

(864) 414-8347

(864) 414-8347

Taylor Kirk

(803) 726-7988

(803) 726-7988

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