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.
| Property Type | Commercial-Other |
|---|---|
| Property Use | Rental or Investment |
| Renovated Year | 2022 |
| Zoning | ID - Intensive Development |
| Tax Year | 2022 |
| Cap Rate Percentage | 7.95 |
| Average Daily Rate | 100 |
| Listing ID | PGJ3KL |
| Style | Other Style |
| Lot Size | 2.2 AC |
| Taxes | $8,101 |
Property Highlights
Rental Income: $7,875/month Gross Operating Income: $94,500 Taxes: Duplex: $3,624 MHP: $4,477 Insurance: $8,500
Area DescriptionRegion: South Carolina
Region: Lexington
| Sewer: | Septic |
| Lot Size: | 1-2 Acres |
| Water: | Well |