D&R Mobile Home Park | 5238 Platt Springs Rd
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D&R Mobile Home Park 5238 Platt Springs Rd
11 Unit Mobile Home Park $830,000 ($75,455/Unit) 7.95% Cap Rate Lexington, SC 29073
Investment Highlights
- Located on heavy trafficked thoroughfare
- Value-Add rent opportunity
- Located near 60 AC Mixed-Use Development
Executive Summary
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.
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 Facts
| Price | $830,000 | Apartment Style | Single Family Home |
| Price Per Unit | $75,455 | Lot Size | 2.20 AC |
| Sale Type | Investment | Building Size | 12,215 SF |
| Cap Rate | 7.95% | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1985/2023 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $830,000 |
| Price Per Unit | $75,455 |
| Sale Type | Investment |
| Cap Rate | 7.95% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single Family Home |
| Lot Size | 2.20 AC |
| Building Size | 12,215 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2023 |
Unit Amenities
- Yard
Site Amenities
- Trash Pickup - Curbside
1 of 1
PROPERTY TAXES
| Parcel Number | 006529-03-020 | Improvements Assessment | $2,639 |
| Land Assessment | $2,275 | Total Assessment | $4,914 |
PROPERTY TAXES
Parcel Number
006529-03-020
Land Assessment
$2,275
Improvements Assessment
$2,639
Total Assessment
$4,914
zoning
| Zoning Code | ID (Intensive Development (Lexington County)) |
| ID (Intensive Development (Lexington County)) |
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Scott Davis -
Noah Moore -
Coldwell Banker Commercial Realty
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D&R Mobile Home Park | 5238 Platt Springs Rd
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