Percival MHP Investment
For Sale
Contact for pricing
8460 Old Percival Rd, Columbia, SC 29223
13-site mobile home community in Columbia, SC with upside.
Property SizeContact for details
Days on Market387
Property Features for 8460 Old Percival Rd
General Information
Standard status
Active
Class
C
Property subtype
Mobile Home Park
Zoning
R5
Listing Agency:
eXp Commercial
Listed By:
Armand Violi · License #SL3452154
Source:
Crexi
Added: Aug 1, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:33AM
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
Investment Insights
Based on property information with market context.
Percival MHP is a 13-site mobile home community located in Columbia, SC. This stabilized, cash-flowing asset generates $77,719 in annual NOI with 14.29% cash on cash returns. The property offers upside through lot rent increases towards market average and the strategic exit of park-owned homes via selling to tenants or RTOing. The park features 13 park-owned homes (POHs) 100% occupied, averaging $450 for lot rent + $415 for home rents ($865 Total). An experienced off-site manager handles day-to-day operations and is willing to stay on with new ownership. The utilities include one well for water (tested twice annually at $250/test), and city sewer, both included in rents for tenants, as well as 1 dumpster for trash also included in rents. The electric is submetered and billed directly to tenants. The investment strategy involves gradual increases in rents towards market average, while exploring the potential to sell off or RTO the park owned homes to tenants to increase cash flow and reduce expenses. The property is located in a growing South Carolina market.
Key Highlights
- High Cash‑on‑Cash Return: Enjoy a 14.29% return on investment.
- Strong Annual Net Operating Income: Generates $77,719 annually, a stable income stream.
- Upside Potential: Increase revenue through lot rent adjustments and strategic sales.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 29223, SC
52,477
Population
24,142
Households
2.2
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
2,074
Density / Sq Mi
$56,300
Median Household Income
$37,435
Median Earnings
$1,217
Median Rent
$183,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 13-site mobile home community in Columbia, SC with upside.
Where is this mobile home & rv park located?
The property is located at 8460 Old Percival Rd Columbia, SC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: High Cash‑on‑Cash Return: Enjoy a 14.29% return on investment.; Strong Annual Net Operating Income: Generates $77,719 annually, a stable income stream.; Upside Potential: Increase revenue through lot rent adjustments and strategic sales.
