- For Sale $89,900
- Property Type Multi-Family
- Units 3
- Lot Size 3 Acre
- Date Updated Apr 28, 2026
Description
Located in Orangeburg, SC.Three rented mobile home lots with the ability to add a minimum two more. Current lot rents are below market at $225 per lot. Owner plans to increase to $240 per lot in July 2026. The current MH lot rents on the market range from $300-350 per month allowing for great upside. The lots are managed, owner is out of state and completely absentee. Only expenses include $604 annual taxes and $50 per unit per month management fee. Current annual NOI of $5,700. Proforma NOI of $11,400 with rents at market rate of $300 /lot and adding one lot for rent on additional land. Owner selling for land value.
Highlights
- 3 rented MH lots
- Additional land included to add more lots (2-3)
- Currently below market lot rent/ upside
- Located on City of Orangeburg sewer, water, gas
- Professionally managed/ owner is absentee
False
Contacts
Mark Griffin, CCIM, CM&AA
Griffin Partners
Location
Contact Listing Broker
Mark Griffin, CCIM, CM&AA
Griffin Partners