120 Sandy Springs Ln - Hidden Oaks & Southern Pines Mobile Home Park - Lexington, SC 29073 Listing Details & Market Data

Columbia, SC MSA / Lexington County / 38 Mobile Home Units In a Two-Park Adjacent Portfolio *Less than 2 miles from a Walmart Super Center and Lowe's Home Improvement Center. Walgreens, Dollar General, Starbucks, Publix, Food Lion, High School, and Middle School are also within several miles. Lexington is a rapid expansion zone for the Columbia MSA for both rooftops, commercial, and industry. Correspondingly, this combination of assets will maintain occupancy and vibrancy long-term based on the pattern analysis of past performance and future projections. Lexington is the exploding population footprint of the Columbia MSA. The Columbia MSA has the University of South Carolina with significant enrollment, and Fort Jackson trains Army Soldiers from all over the United States. Estimated $252,00 NOI, equating to $21,000+ per month after a rent push. 6.63% Cap Rate. NOI has been as high as $27,000 per month, but taking into consideration some Capex, the estimate is low. Rent Comps in the area will allow going much higher, as seen in the CoStar Analytics. Any figures can fluctuate over time. RENTS ARE BEING PUSHED TO $1,000 PER UNIT APPROXIMATELY NOW. CREOP Flipbook https://www.flipsnack.com/A5A986CC5A8/gilbert-2/full-view.html Video Tour https://drive.google.com/drive/u/4/folders/158Tjux5g5s6sIrzzl3-UIf4W2wYJ6x_W