50 pad mobile home park in great condition. Fully leased and in a prime myrtle beach location. Deal also includes one older but well maintained stick built, three bedroom home. That lot and home are zoned TRS (old commercial highway). The park and home total over 7.1 acres. Solid income with low expenses and minimal management. Note; rents have just been increased for the fist time in over 6 years! Great tax sheltered income from depreciation and amortization. Many tenants have been here for 25 plus years. The construction at Highway 17 Bypass at Highway 707 is now complete and this location cannot be replaced. Tenants pay all their own utilities and home repairs. Landlord does provide lawn care. Square footage/acreage is approximate and not guaranteed. Buyer/Tenant is responsible for verification.
Listing Date: 02-18-2014
Sold Date: 06-09-2015
Aprox Days on Market: 
1 Year(s), 3 month(s), 21 day(s)
Listing Sold: 
11 Year(s), 1 month(s), 6 day(s) ago
Asking Price: $1,595,000
Selling Price: $1,200,000
Price Difference:
Reduced By $250,000
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Hoa Frequency: Monthly
Hoa: No
Community Features: Other
Assoc Amenities: Other
Total Baths: 0.00
New Construction: No
Year Built: 1972
Mobile Home Remains: ,No,
Zoning: TRS & MHP
Construction Materials: Other, VinylSiding
Spa: No
Foundation: Other
Lease Renewal Option: ,No,
Garage: No
Carport: No
Parking Type: Assigned
Open Parking: No
Attached Garage: No
Fireplace: No
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.00
Lot Size: 308*1016
Land Lease: No
Lot Description: OneOrMoreAcres, OutsideCityLimits, Rectangular, RectangularLot
Pool Private: No
County: Horry
View: No
Number of Units Total: 50
Senior Community: No
Stipulation of Sale: None
Property Sub Type Additional: MultiFamily
Property Attached: No
Security Features: Other
Disclosures: CovenantsRestrictionsDisclosure
Rent Control: No
Basement: ,No,
Sold Date: 2015-06-09T00:00:00
Tax Legal Description: Parcel A & B
Heating: Central, ForcedAir, Other
Electric On Property: No
Cooling: No
Utilities Available: ElectricityAvailable, Other, UndergroundUtilities, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront: No
Elem: Socastee Elementary School
Middle: Saint James Middle School
High: Socastee High School
Courtesy of Cb Seacoastadvantagecommercial - Main Line: 843-280-1232
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