Northern Wind Mobile Home Park*

Columbia, South Carolina

SOLD! $2,600,000

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Northern Wind* Mobile Home Park is a 180 space, all-aged community located in Columbia, South Carolina in Richland County. The property, built in 1970, sits on 23 acres and features paved roads, well water, and city sewer system, and has 33 park-owned homes. Current cap rate is 9.09% and NOI is $313,090. 

 

The total population for Columbia, South Carolina as of 2015, is approximately 129,272. Columbia is the capital and largest city of South Carolina. It is home to the University of South Carolina, the largest university in the state, and Fort Jackson, the largest Army instillation for basic combat training. The economy in Columbia is very diverse with the biggest employers being Palmetto Health Hospital System, Blue Cross and Blue Shield of South Carolina, and Fort Jackson. There are several major manufacturing companies, 70 foreign affiliated companies, and fourteen fortune 500 companies. The unemployment rate is 5.5 percent, a median home value of $162,300, and an average rent for a three-bedroom apartment of $1,158 per month. 

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Phone: (980) 938-4993

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