Bel- air MOBILE HOME PARK

Investment Highlights:

28 space all age manu actured housing community 28 park owned homes

5 mins rom ort ackson gate and 10 mins away to Walmart and Garners erry cooridor Community well water Septic tanks

ll units in great shape and well maintained 4 year a erage tenant length Low taxes and maintenance cost

Property Summary: Property Name Bel-Air Mobile Home ParkProperty Address 3976 Leesburg Road, Hopkins,SC 29061Type of Park All Age Rental Agreement One Year Number of Spaces 28Vacant Spaces 0Number of Park Owned Homes 28Land Size 3.79 AcresList Price $750,000 Parking Ample and 3 entrances

Utilities Paid By Company Water Landlord Community WellElectric Tenant SCE&GSewer Landlord Multiple shared septicsTrash Landlord Waste Management

Bel-Air Mobile Home Park is a 28 space, all-age community located in op ins, SC. It is located on 3.79 acres & being offered on the basis of its current income. Tenants are rigorously screened, with an average stay of 4 years. The par is e tremely well maintained, and has virtually no deferred maintenance.

op ins, South Carolina is located ust outside of Columbia, SC at the intersection of Interstate 77 and Interstate 26, and centrally located in the state. It is currently a major hub for ort ac son Military ase, State Capital, ospital and University of South Carolina. ma on

and SC also have headquarters here. The average 3-bedroom apartment rents in area for $963. Unemployment rate is 3.25%, lower than the U.S. unemployment rate of 4%. Median home price in Columbia, SC is $170,000.

Yearly EXPENSES

Comments: 201 actual e penses were $63,738 or Repairs/Maintenance and higher than normaldue to completing the rehabing several o the units.

Current Real Estate Taxes $5280

Insurance Liability $1140 ell and street li ts

ell estin $2700

$2388

Total $ 2,588Repairs & Maintenance $22,200

Total Expenses $ 4,788% of EGI 22.5%

Income Current GROSS POTENTIAL INCOME $154,440 Vacancy/Collection Allowance (% of GPI) 5% / $7,722EFFECTIVE GROSS INCOME $ 46,718 Total Expenses $34,788NET OPERATING INCOME $ 11,930

1080

Trash

Rent Roll

Name Lot # IncomeBA H01 1 2b1b 495.00

BA H02 2 2b1.5b 475.00

BA H03 3 2b1b 450.00

BA H04 4 2b1b 395.00BA H05 2b1b5

BA H06 6 2b1b 425.00

BA H0 7 2b1b 350.00

BA H0 8 2b1b 475.00

BA H09 9 2b1b 450.00

10 2b1b 450.00

BA H11 11 2b1b 495.00

BA H12 12 3b1b 495.00

BA H13 13 2b1b 495.00

BA H14 14 2b1b 495.00

BA H15 15 2b1b 495.00

BA H16 16 2b2b 495.00

BA H1 17 2b2b 495.00

BA H1 18 2b1b 375.00

BA H19 19 2b1b 495.00

BA H20 20 2b1b 325.00

BA H21 21 2b1b 495.00

BA H22 22 2b2b 400.00

BA H23 23 2b2b 425.00

BA H10

495 00

3 years

7 years

2 year

8 years

5 years

1 year

17 years

5 years

1 year

1 year

3 years

1 year

1 year

1 year

1 year

5 years

1 year

5 years

1 year

10 years

1 year

10 years

5 years

Occupancy

BA H24 24 2b1b 495.00

BA H25 25 2b1b 495.00

Total 12,870 154,440.00

Vital Data

4.92%$7 , 00$146,718

3 years

1 year

5 years

2b2b 495.0026BA H26

________________________________________________________________________

BA H27 27 2b2b 545.00 2 years

BA H24 24 2b1b 495.00

BA H25 25 2b1b 495.00

Total 12,870 154,440.00

Vital Data

4.92%$7 , 00$146,718

3 years

1 year

5 years2b2b 495.0026BA H26

________________________________________________________________________

BA H27 27 2b2b 545.00 2 years

$111,930

BA H28 28 2b2b 400.00 10 years

Offered by: Century 21 Vanguard Keith Ancone & Michael Kennedy 803.429.3591 | 803.622.0681