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$ 2,400,000
Est. payment | /mo
5 Beds
3 Baths
22,180 SqFt
$ 2,400,000
Est. payment | /mo
5 Beds
3 Baths
22,180 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 22,180 sqft
Price per Sqft $108
MLS Listing ID 615273
Bedrooms 5
Full Baths 3
Construction Status Resale
Year Built 1980
Lot Size 4.710 Acres
Property Sub-Type Other
Property Description
Profitable, Cash-Flowing Mobile Home Park in Prime Location. Seize the opportunity to own a high-performing mobile home park just off Platts Springs Road, offering both strong current income and outstanding growth potential. Spanning 4.71 acres, this property features 23 units plus one vacant lot, positioned for immediate expansion. Currently producing $13850.00/month in rental income, with a monthly lease potential of $16,425 once several vacant homes are cleaned and re-leased, this investment offers significant upside. The park is efficiently operated with low overhead, including annual property taxes of $18,560.55 and utilities/maintenance totaling just $7,523.64 per year, for total annual expenses of approximately $26,084.19. The property benefits from a prime location close to major commuter routes and walkability, ensuring strong tenant demand and consistent occupancy. With stable income, ample room for improvement, and a layout designed for easy management, this is a rare chance to secure a proven income-producing asset in a sought-after area. Whether you're a seasoned investor or expanding your portfolio, this mobile home park checks all the boxes: cash flow, location, and growth potential. Ask for drone video of property! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Location
State SC
County Lexington
Area Lexington And Surrounding Area
Interior
Heating Central
Cooling Central
Exterior
Parking Features Off Street
Garage Spaces 46.0
Pool None
Street Surface Paved
Building
Story 1
Foundation Crawl Space
Sewer Septic
Water Well
Structure Type Aluminum
Construction Status Resale
Construction Status Resale
Schools
Elementary Schools Saxe Gotha
Middle Schools White Knoll
High Schools White Knoll
School District Lexington One
Listed by BHHS Midlands Real Estate