State Rd S-34-696 - Manufactured Housing/Mobile Housing FOR SALE


Mullins, SC 29574
$950,000 USD
704-654-7331
State Rd S-34-696, Mullins, SC for Sale
$950,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | 10.51% Cap Rate

State Rd S-34-696
Mullins, SC 29574


HIGHLIGHTS

  • Prime Location Near Key Retailers & Employers
  • Resilient Affordable Housing with Stable Occupancy
  • Strategic Location in Mullins, South Carolina
  • Proximity to Myrtle Beach & Coastal Attractions
  • Significant Long-Term Appreciation Potential
  • Value-Add Opportunity with Natural Rent Growth

OVERVIEW

Marcus & Millichap is pleased to present The Brickyard MHP, a 21-lot mobile home community located on State Road S-34-696 in Mullins, South Carolina. The property includes: -13 Occupied Park-Owned Homes (POHs) -2 Occupied RV Pads -6 Vacant POHs This unit mix provides solid in-place income with additional upside through lease-up of the vacant homes and future rent increases. LOCATION HIGHLIGHTS Strategically positioned in a growing rural market, The Brickyard MHP offers convenient access to key employment drivers and local amenities: -Located in Mullins, SC – the “Tobacco Capital” of South Carolina -1 Hour from Myrtle Beach, a Major Tourism and Employment Hub -Proximity to Essential Retailers and Local Employers -Easy Access to Major Highways for Commuting and Logistics This location supports long-term tenant demand and enhances the park’s overall stability. VALUE-ADD OPPORTUNITY New ownership can capitalize on multiple value-add strategies: -Lease-up of Vacant Park-Owned Homes -Increase Below-Market Rents -Improve Operations and Property Infrastructure Over Time With utilities already implemented and the park benefiting from strong demand for affordable housing, The Brickyard MHP offers both immediate returns and long-term growth potential.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$45 USD /SF

# OF UNITS

21

PRICE/UNIT

$45,238

CAP RATE

10.51%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Brickyard MHP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

058-00-00-096-000

ASK ABOUT THIS PROPERTY

Nick LoreMarcus & MillichapMore Info
704-654-7331

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Nick LoreMarcus & MillichapMore Info
704-654-7331

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