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Pageland MHP Portfolio

Mobile Home Park | 28 Pads | $40,179/pad

Listing Contacts

Active

Asking Price: $1,125,000
Listing Broker NameBen Yelm
Address 

5622 Steen Rd, Jefferson, SC 29718

Show on Map
Date Added
Oct 3, 2024
Days on Market
166 days
Time Since Last Update
7 days

Details

Property TypeMobile Home Park
SubtypeManufactured Home Communities
Cap Rate12.77%
NOI$143,687
Pads28
Lot Size (acres)10
Price/Pad$40,178.57

Marketing Description

Marcus & Millichap is pleased to present the Pageland MHP Portfolio, a 28-pad mobile home park investment opportunity spread across 10 acres in four towns: Jefferson, SC; Mt.​ Croghan, SC; Pageland, SC; and McBee, SC.​ This portfolio offers investors an attractive mix of stable cash flow and strong growth potential.​ The utilities are a mix of well and city water, septic and sewer, while tenants pay for electricity directly (direct pay), helping keep operational costs low.​

Pageland MHP Portfolio is located in Chesterfield County, South Carolina, a region experiencing steady growth and benefiting from proximity to larger job markets.​ Pageland, the largest of the towns in this portfolio, is located about 45 minutes from Monroe, NC, and an hour from Charlotte, NC, making it a desirable location for commuters seeking affordable housing outside the city.​ Jefferson, Mt.​ Croghan, and McBee offer similar rural charm, with access to local industries and small-town amenities.​

Chesterfield County is supported by a diversified economy that includes manufacturing, agriculture, and retail, providing stable employment opportunities.​ With its strategic location and ongoing migration from larger cities, Pageland MHP Portfolio is well-positioned to benefit from regional growth trends.​

Investment Highlights

  • 10-acre portfolio across four towns with potential for future growth or development

  • Proximity to larger cities like Charlotte, NC, and Columbia, SC, providing access to growing job markets

  • Mixed utilities & direct pay electricity providing flexibility and manageable operational costs

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$143,687.00
$11,973.92/mo

Valuation Metrics

0
DSCR
12.77%
Cap Rate
12.77%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker Name
Ben Yelm
Broker License
SC 86628
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