Land For Sale • 6.57 AC
Oakridge Mobile Home Park is a ±6.57-acre manufactured housing community comprising 19 lots in Gresham, South Carolina, in the heart of Marion County. The park occupies the corner of Highway 41 South and Oakridge Road, with access from both roadways and visibility along a well-traveled state highway corridor. The community is comprised of three contiguous parcels and includes an internal road network serving the lots, along with shared site features including sheds and a dumpster enclosure. The 19 lots are improved with a combination of park-owned homes and tenant-owned homes on rented pads. Two lots are presently vacant and five of the occupied units are operating under active rent-to-own agreements. Water, garbage collection, and common-area electric carried as operating expenses. Grounds keeping, insurance, real estate taxes, routine repairs, and a light management allowance round out a lean and predictable expense structure. Because there are no amenity facilities such as a pool, clubhouse, laundry, or elevator, the park avoids the higher recurring maintenance and capital-reserve demands that accompany those features, contributing to an expense ratio of approximately 29%. Oakridge benefits from its location within an established manufactured-housing market. In Marion County, manufactured homes account for roughly one-third of the total housing stock. The surrounding rental market is tight, with a vacancy rate near 5%, and area median gross rent of approximately $651 per month sits above the park's typical rents. This property is located approximately 30 minutes from Conway and 45 to 50 minutes from Myrtle Beach/Grand Strand. Florence, a regional center for healthcare, retail, and logistics, is about 45 minutes away, with Interstate 95 roughly 45 minutes out and Interstate 20 at Florence approximately 50 minutes. The City of Marion is about 25 minutes away and Columbia is reachable in roughly 90 minutes. Day-to-day necessities are close at hand: fuel and a dollar store are within about two minutes of the entrance, local dining options and the U.S. Post Office are nearby with a Walmart Supercenter in Mullins is about 25 minutes away. Offered exclusively by Freedom Commercial Real Estate. For the full offering package, rent roll, and parcel detail, or to arrange a property tour, contact Clay Davenport, Senior Associate, at clay@freedomcommercialre.com or (864) 642-5772.
| ±6.57 acres with dual road frontage |
| 19 lots, blended income stream |
| Five units on active rent-to-own contracts |
| Costs limited to utilities, grounds, taxes, and light management; no pool, laundry, or elevator to service |
| Manufactured housing makes up 33% of Marion County's housing stock in a market with a tight ~5% rental vacancy rate |