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Derby Fields

13 Pad Mobile Home Park with 6 Park owned homes and 2 tenant owned homes paying lot rent

Listing Contacts

Active

Asking Price: $675,000
Listing Broker NameAngelia Araneo
Brokerage NameCarolina Homes and Land Realty
Address 

0 Keegan Rd, Walterboro, SC 29488

Show on Map
Date Added
Mar 17, 2025
Days on Market
34 days
Time Since Last Update
27 days

Details

Property TypeMobile Home Park, Multifamily
SubtypeSingle Family Rental Portfolio
Investment TypeValue Add
Cap Rate9.50%
Occupancy50%
Occupancy Date03/17/2025
NOI$71,000
Units6
Pads13
Year Built1991-1998
Year Renovated2022-2023
Buildings8
Lot Size (acres)4.1
Broker Co-OpYes
IntelligenceINTELLIGENCE
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Marketing Description

Derby Fields 10

1 / 18

Overview

Description

Derby Fields, 4.1 acre Mobile Home Park with 13 home pads- Prime Investment Opportunity, less than an hour from Charleston, Summerville, and Beaufort.​
This well- maintained mobile home park offers a fantastic opportunity with immediate income potential and room for growth.​ Currently, the park features 13 Mobile home pads, 6 of which are park-owned units generating $5735 per month in rent.​ Additionally, there are 2 pads with lot rent only, producing an additional $770 per month in rental income.​ With 5 vacant lots, the potential to increase revenue is significant, offering a solid return on investment.​ All lots have power, water tap and septic.​ There is a DHEC approved well system, fully certified and inspected, serving all 13 pads.​
Located in a prime area with easy access to Char eston, Summerville, Beaufort and Savannah- perfect for attracting tenants looking for a peaceful and convenient place to call home.​ -Consistent income with the potential for significant growth through occupancy of vacant lots or adding more park- owned units.​
This mobile home park is a rare opportunity for seasoned investors or those looking to step into the real estate market with a property that offers a strong stable cash flow and significant upside potential with long term revenue potential.​ Grossing over $80k in revenue in 2024, this is an opportunity to secure a profitable property in a growing market with a high demand.​


Investment Highlights

Derby Fields 10

1 / 18

Overview

Description

Derby Fields, 4.1 acre Mobile Home Park with 13 home pads- Prime Investment Opportunity, less than an hour from Charleston, Summerville, and Beaufort.
This well- maintained mobile home park offers a fantastic opportunity with immediate income potential and room for growth. Currently, the park features 13 Mobile home pads, 6 of which are park-owned units generating $5735 per month in rent. Additionally, there are 2 pads with lot rent only, producing an additional $770 per month in rental income. With 5 vacant lots, the potential to increase revenue is significant, offering a solid return on investment. All lots have power, water tap and septic. There is a DHEC approved well system, fully certified and inspected, serving all 13 pads.
Located in a prime area with easy access to Char eston, Summerville, Beaufort and Savannah- perfect for attracting tenants looking for a peaceful and convenient place to call home. -Consistent income with the potential for significant growth through occupancy of vacant lots or adding more park- owned units.
This mobile home park is a rare opportunity for seasoned investors or those looking to step into the real estate market with a property that offers a strong stable cash flow and significant upside potential with long term revenue potential. Grossing over $80k in revenue in 2024, this is an opportunity to secure a profitable property in a growing market with a high demand.

Listing

Apps

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,000.00
$5,916.67/mo

Valuation Metrics

0
DSCR
10.52%
Cap Rate
10.52%
ROI

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 of Record
Angelia Araneo
Broker of Record: License Type
77301
Broker of Record: Company Name
Carolina Homes and Land Realty
Broker of Record: Title
Real Estate Salesperson
Broker of Record: Company Address
1229 Bells Hwy, Walterboro SC 29488
Broker of Record: Phone Number
Call
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