An executed Confidentiality Agreement is required in order to obtain access to the document center.

Once access is granted, prospective investors will be able to access the Offering Memorandum and other related confidential documents.

To initiate this process: or Register

Pineview Estates Mobile Home Park

Lake City, South Carolina

Property overview

Pineview Estates in located in Lake City, South Carolina, approximately 23 miles south of downtown Florence. Florence has a thriving economy as a transportation and distribution center with manufacturing and agriculture added to the mix. The main transportation routes from the north and east split at this point, continuing inland to Atlanta and down the coast to Savannah and into Florida. Florence Metro Area has population of 206,448 people and seen a population growth of 17.17% since 2000.

MHRE Inc. is proud to present Pineview Estate Mobile Home Park. The park is situated on +/- 20.91 acres, with easy access to local schools, parks, and recreational amenities. Park tenants enjoy the paved roads and two parking spaces for each site. The park suffered no damage or flooding during the recent hurricane Florence.

The upside for this investment is huge with a total of 71 sites still vacant but ready for new mobile homes, and 5 abandoned homes that need renovation currently on site. Management of this property is a breeze, with all major utilities directly billed to the tenants, and no fixed agreements between cable/internet/phone providers.

Pineview Estates Mobile Home Park
320 Rae Street
Lake City, South Carolina 29560

For detailed information on this property please contact: Christopher Nortley (586) 884-8416.

Property Summary

Total Sites138
Year Constructed1998
Land (Acres) +20.91
Vacant Sites138
Occupancy42%
Average Rent/Site$223
PRIMARY USEFamily
PROPERTY TYPEMHP
STAR CLASSIFICATION2.5
WATERMunicipal
SEWERMunicipal
WATER METER TYPEDirect Billed
SEWER METER TYPEDirect Billed

OFFERING SUMMARY

Community Price$1,206,899
Community Owned Homes & Notes$93,101
Total Investment$1,300,000
Price per Site$9,420
Price Occupied per Site$22,414

HOME SUMMARY

LEASED HOMES5
MODELS/INVENTORY4