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31860319
31860320

2 Locations

ER
SC 52728, GA 438110
Coldwell Banker Best Life Realty
Listed by Coldwell Banker Best Life Realty
$329,000
50 days on market
Updated 3 days ago

7 Lot Mobile Home Community

Details
APN 119-05-14-002
Property Type Mobile Home Park
Units 1
Cap Rate 7.82%
NOI $25,727
Occupancy 72%
Pro-Forma Cap Rate 9.88%
Pro-Forma NOI $32,490
Year Built 1984
Lot Size (SqFt) 22,013
Zoning RUD
Parking Spaces per unit
Investment Type Value Add
Occupancy Date 03/17/2026

Turnkey 7-Lot MHP | Stable Cash Flow + Value-Add Upside

Marketing description

Turnkey mobile home park investment opportunity in Aiken featuring 7 total lots across two parcels! The property includes 5 occupied, income-producing homes and 2 vacant lots. The asset is stabilized with consistent occupancy and a reliable tenant base, including several long-term residents with 10-15+ years of tenancy. The income profile is split between traditional rentals and a rent-to-own structure. Four units operate under standard lease agreements, generating strong in-place income with typical owner maintenance responsibilities. One unit is structured as a rent-to-own (RTO), providing stable payments while the tenant maintains responsibility for the home; upon payoff, this converts to consistent, low-maintenance lot rent, further strengthening long-term cash flow stability. The 7-lot package consists primarily of 1984 - 1985 model single-wide homes, each configured as 2-bedroom, 1-bath units. This creates a uniform housing profile across the asset, offering consistent rental performance and streamlined maintenance due to similar construction and layout characteristics. Infrastructure is already in place, including a master water meter with distribution lines servicing all lots, on-site electrical connections, and septic systems across developed pads. A smart water monitoring system with real-time leak detection is installed, helping mitigate utility loss and protect net operating income. There are two vacant lots available. One lot (7A) had a mobile home in place less than a year ago, and existing infrastructure is believed to be in place; however, buyers should anticipate standard lot preparation and verify condition and functionality during due diligence. The property benefits from strong underlying land value, supported by existing utilities, established layout, and long-term residential use. It is well-suited for both stabilized yield investors and value-add operators seeking scalable growth. Property is offered as-is, where-is, with value driven by land, infrastructure, and in-place income, plus upside through expansion and operational improvements. Please do not disturb tenants. No interior showings or tours of occupied or RTO units will be conducted prior to an accepted offer in order to respect tenant privacy and maintain normal operations. Once a contract is in place, buyer receives a 3-5 day site evaluation period (no earnest money required during this time), followed by a 12-14 day due diligence period after earnest money deposit.

Investment highlights

  • 7 total lots across two parcels
  • 5 occupied units producing immediate cash flow
  • Mix of traditional rentals and rent-to-own (RTO) structure
  • Long-term tenants in place (10–15+ year residency history)
  • Stable occupancy with reliable tenant base
  • 4 units under standard rental agreements
  • 1 RTO unit providing stable payments with conversion to low-maintenance lot rent upon payoff
  • 2 vacant infill lots for expansion, septic in place for both
  • 1984–1985 single-wide homes (2BR/1BA) across the asset
  • Each lot is equipped with city water and individual septic systems
  • Smart water monitoring system with real-time leak detection installed
  • Lot 7A previously had a mobile home in place less than a year ago, and existing infrastructure is believed to be in place; however, buyers should anticipate standard lot preparation and verify condition and functionality during due diligence
  • Strong underlying land value supported by existing utilities and established residential use
  • Value-add upside through infill, rent optimization, and operational improvements

Listing Contacts

ER
SC 52728, GA 438110
Coldwell Banker Best Life Realty
Listed by Coldwell Banker Best Life Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,727.00
$2,143.92/mo

Valuation Metrics

0
DSCR
7.82%
Cap Rate
7.82%
ROI

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Additional Information

Name
Erika Ramsey
License
52728
Brokerage
Coldwell Banker Best Life Realty
Brokerage Phone
803.644.5050
Brokerage Address
823 Hayne Avenue Southwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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