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Bel-Aire MHP - Hopkins, SC 3976 Leesburg Rd

28 Unit Mobile Home Park £941,989 (£33,642/Unit) 5.56% Net Initial Yield Hopkins, SC 29061

Investment Highlights

  • 28 Site Mobile Home Park Off Highway 15
  • 16 of the 27 Homes Occupied - The Balance of the Homes are Newly Renovated Waiting For Tenant Infill
  • Current Tenants Paying Below Market Rents - Park Owned Home Rent in the Market and Gov't Subsidized Rent Rate is More Than Double
  • 27 POH (Park Owned Homes) / 1 Vacant Lot Ready For Infill
  • Pro Forma Approximate - NOI on Park Owned Homes All Rented at Market Levels: $250k
  • Management Company in Place

Executive Summary

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

Property Facts

Price £941,989 Apartment Style Low Rise
Price Per Unit £33,642 Lot Size 3.74 AC
Sale Type Investment Building Size 19,300 SF
Net Initial Yield 5.56% Average Occupancy 100%
No. Units 28 Number of Floors 1
Property Type Residential Year Built 1985
Property Subtype
Manufactured Housing/Mobile Home
  • Apartment Buildings
  • Office Office Residential
  • Multifamily Dormitory
Price £941,989
Price Per Unit £33,642
Sale Type Investment
Net Initial Yield 5.56%
No. Units 28
Property Type Residential
Property Subtype
Manufactured Housing/Mobile Home
  • Apartment Buildings
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low Rise
Lot Size 3.74 AC
Building Size 19,300 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1985

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 28 - -

Links

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zoning

Zoning Code RU (Multifamily)
RU (Multifamily)
(954) 902-5249

  • Listing ID: 33834990

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 3976 Leesburg Rd, Hopkins, SC 29061

The Residential Property at 3976 Leesburg Rd, Hopkins, SC 29061 is currently available For Sale. Contact Sands Investment Group for more information.

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Bel-Aire MHP - Hopkins, SC | 3976 Leesburg Rd
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Stephen Kruszenski

(954) 902-5249

(954) 902-5249

William Capone

(954) 723-8342

(954) 723-8342

Kristen Deninno

(954) 902-5251

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