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Orangeburg County, South Ca...

Sterling Winds MHP & RV Brokerage Facilitates $5.2M Sale Of Orangeburg County Mobile Home Park
SOLD

Sterling Winds MHP & RV Brokerage Facilitates $5.2M Sale Of Orangeburg County Mobile Home Park

Orangeburg County, South Carolina, United States

$5,200,000

Building Size

Asset Type

Closing

Aug 28, 2022

AI

A mobile home park in Orangeburg County, South Carolina has recently been sold for $5,200,000. The park consists of 187 units, with a price per unit of $27,807. The transaction took place on August 29, 2022.

Summary of transaction details

  • Property Type: Mobile Home Park
  • Transaction Amount: $5,200,000
  • Units: 187
  • Price Per Unit: $27,807
  • Date: 08/29/2022
  • Market: Orangeburg County, South Carolina

The sale was facilitated by a team of brokers consisting of Drew Greenbaum, Gabe Fischer, Eli Landes, and Jason Alter from Sterling Winds MHP & RV Brokerage. They are known for their expertise in the mobile home park market and their ability to secure off-market deals. If you are interested in buying or selling a mobile home park, this team is highly recommended for their professionalism and dedication to achieving successful outcomes. For further enquiries, you can reach them at 914-552-3013.

It is evident that the sale of this mobile home park in Orangeburg County, South Carolina has attracted the expertise of Sterling Winds MHP & RV Brokerage. With their extensive network of owners around the country, they were able to secure a lucrative off-market deal for the interested parties involved.

Players

Eli Landes

Luxstone Partners

Broker

$15.3M

vol

4 deals

Broker

Rowesville CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93