406 Sedona Dr - Manufactured Housing/Mobile Housing FOR SALE


Anderson, SC 29626
$14,000,000 USD
864-915-0849
406 Sedona Dr, Anderson, SC for Sale
$14,000,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/15
null | 4.92% Cap Rate

406 Sedona Dr
Anderson, SC 29626


HIGHLIGHTS

  • 100 Park owned tiny homes with 97% occupancy.
  • ±60 acres of contiguous land suitable for future development
  • Opportunity to buy down basis by selling off the existing tiny homes to the tenants. Tenants have shown interest in purchasing the units for a range o
  • All units connected to city water and sewer.
  • The parcel is located in an opportunity zone
  • All Tiny homes are well maintained and 2019 vintage or newer.

OVERVIEW

Aline Capitals MHRV team is pleased to present the Cottages of Anderson, a stabilized, income-producing tiny home community located in the heart of Anderson, South Carolina. This turnkey asset consists of 100 tiny homes, each connected to municipal water and sewer, and situated on a well- maintained site with significant infrastructure in place. The roads were just paved. The property includes an additional ±60 acres of undeveloped land positioned at the rear of the site, offering a prime opportunity for future expansion. This land is ideally suited for either additional tiny home units or a mobile home park, subject to local approvals and development plans. This offering represents a compelling opportunity for investors seeking a low-maintenance, high-demand residential asset with room for future growth and long- term value creation. The combination of current cash flow and expansion potential positions this asset as a standout investment in the affordable housing sector.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

100

PRICE/UNIT

$140,000

CAP RATE

4.92%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Cottages of Anderson

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

75.85 AC

LAND SF

3,304,026 SF

ZONING

-

APN/PARCEL ID

125-00-01-004

ASK ABOUT THIS PROPERTY

Alex WillerAline CapitalMore Info
864-915-0849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alex WillerAline CapitalMore Info
864-915-0849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.