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Three-Park Mobile Home Portfolio

49 GENERAL MARION PL, Andrews, SC 29510

For Sale
New
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Three communities combine tenant-owned sites, park-owned homes and vacant lots in a single portfolio.

Property SizeContact for details
Days on Market6

Property Features for 49 GENERAL MARION PL

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 95%

Financials

Cap Rate 8.51%
Gross Income $591,889

Units

Multifamily Units 82
Mobile Home Lots 85
Park-Owned Homes 70

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Listing Agency: eXp Commercial
Listed By: Lou Febbo · License #SL3660219
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 2:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial

Rey
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Investment Insights

Based on property information with market context.

The Andrews portfolio comprises three mobile home communities with 85 sites and approximately 95% occupancy. The site mix includes 12 tenant-owned homes, 69 occupied park-owned homes, one vacant park-owned home, one demolition site and two vacant lots. The reported operating metrics include an 8.51% cap rate and 8.15% cash-on-cash return.

The communities are located in Andrews, South Carolina. The portfolio includes both resident-owned and operator-owned homes, along with vacant spaces and a home requiring removal.

Key Highlights

  • Three mobile home communities with 85 total sites
  • Approximately 95% occupancy
  • Site mix: 12 tenant‑owned homes, 69 occupied park‑owned homes, one vacant park‑owned home, one demo and two vacant lots

Property Analytics

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Lease Details

82
Residential units
95%
Occupancy

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 29510, SC

10,392
Population
4,310
Households
2.4
Avg Household Size
43
Median Age
11%
College-Educated
85%
High-School Grad
312.2 sq mi
ZIP Area
33
Density / Sq Mi
$46,768
Median Household Income
$29,849
Median Earnings
$744
Median Rent
$109,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Three communities combine tenant-owned sites, park-owned homes and vacant lots in a single portfolio.
Where is this mobile home & rv park located?
The property is located at 49 GENERAL MARION PL Andrews, SC.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Three mobile home communities with 85 total sites; Approximately 95% occupancy; Site mix: 12 tenant‑owned homes, 69 occupied park‑owned homes, one vacant park‑owned home, one demo and two vacant lots
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