188 Bismarck DrGaston, SC 29053

Property Details for 188 Bismarck Dr

Lot size

7.47 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This 7.47-acre mobile home park in Gaston, SC, presents a compelling investment opportunity. Located at 188 Bismarck Dr, the property boasts 18 units and is zoned for residential use. The park benefits from modern amenities including LED lighting and security cameras, enhancing both resident comfort and operational efficiency. Its convenient location, just 15 minutes from I-26, offers easy access to major transportation routes, while its proximity to downtown Columbia provides residents with access to urban amenities. The property's Class C designation reflects its potential for value appreciation through strategic improvements and management. The current cap rate stands at 7.00%, indicating a strong potential for return on investment. The fee simple ownership provides complete control and flexibility. Detailed financial information, including rent rolls (T12), is available upon request. This property is situated in Lexington County, SC, with the APN 082 033 (Sylvania)/010021-01-010 (Gaston) and zip code 29053. The serene setting and strong potential for growth make this a rare opportunity in a desirable South Carolina market. This is a prime investment for those seeking a stable, high-yield asset with significant upside potential.

Location Insight

City

Gaston

County

Lexington

State

South Carolina

Latitude

33.8385

Longitude

-81.1172

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