5238 Platt Springs Rd - Manufactured Housing/Mobile Housing FOR SALE


Lexington, SC 29073
$830,000 USD
803-730-2077
5238 Platt Springs Rd, Lexington, SC for Sale
$830,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | 7.95% Cap Rate

5238 Platt Springs Rd
Lexington, SC 29073


HIGHLIGHTS

  • Located on heavy trafficked thoroughfare
  • Located near 60 AC Mixed-Use Development
  • Value-Add rent opportunity

OVERVIEW

Coldwell Banker Commercial Realty is pleased to present D & R Mobile Home Park in Lexington, South Carolina. The property is located on Platt Springs Road with over 200' of frontage. Less than a mile from the intersection of S. Lake Drive and Platt Springs Road, which includes a 60 AC mixed-use development called, Platt Springs Crossing. This property is two separate parcels that are to be sold together with 1-Duplex and 9-Mobile Homes that are all park-owned. Owner has replaced 4 roofs and completely renovated 2 other units in the last 3 years. Surrounded with retail and residential growth; this investment sits in one of Lexington's fastest growing areas. South Lake Drive and Platt Springs Road are both home to many national retailers along with a multitude of locally owned businesses. Easy access to Interstate system and Downtown Columbia.

FOR SALE DETAILS

PRICE

$830,000 USD

PRICE/SF

$68 USD /SF

# OF UNITS

11

PRICE/UNIT

$75,455

CAP RATE

7.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

D&R Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

ID

APN/PARCEL ID

006529-03-020

ASK ABOUT THIS PROPERTY

Scott DavisColdwell Banker Commercial RealtyMore Info
803-730-2077

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Scott DavisColdwell Banker Commercial RealtyMore Info
803-730-2077

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.