697 Seawright StOrangeburg, SC 29115

Property Details for 697 Seawright St

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 4-unit mobile home park in Orangeburg, South Carolina, presents a compelling investment opportunity with a 6.84% capitalization rate and a net operating income (NOI) of $4,103. Located at 697 Seawright St, Orangeburg, SC 29115, the property boasts four buildings, each a tenant-owned mobile home. The park benefits from a thriving local economy driven by healthcare, manufacturing, and agriculture, ensuring a stable tenant base. All units are serviced by city utilities, minimizing management responsibilities and operational concerns. A key advantage is the below-market lot rent, attracting tenants and offering significant potential for future revenue growth through rent increases. This low-maintenance investment provides a strong return with minimal management overhead, making it an ideal addition to any portfolio. The property's location in Orangeburg County offers easy access to essential services and amenities. This is a rare opportunity to acquire a well-positioned, cash-flowing mobile home park in a growing South Carolina market.

Location Insight

City

Orangeburg

County

Orangeburg

State

South Carolina

Latitude

33.5139

Longitude

-80.8434

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