211 Dickson StManning, SC 29102

Property Details for 211 Dickson St

Year built

1974

Construction

METAL FRAME

Lot size

4.00 AC

Property size (Sq ft)

660 SF

Property type

Other commercial real estate

APN

187-01-05-013-00

APU

187010501300

Description

This exceptional 60-unit multifamily investment opportunity, located at 211 Dickson St, Manning, SC 29102, presents a compelling case for immediate acquisition. The property, built in 1974 and situated on a 4-acre lot (APN: 187-01-05-013-00), offers significant upside potential. Currently, average rents are approximately $213 per unit below market comparables, presenting a clear path to increased profitability through modest rent adjustments. Furthermore, substantial expense reduction is achievable by transitioning to third-party property management, eliminating the payroll costs associated with managing 60 units. The property's prime location, a half-mile from Downtown Manning and six miles from the Clarendon County Industrial Park, ensures strong tenant demand and convenient access to major roadways including I-95, US Routes 301 and 521. This well-maintained property boasts a charming, quaint atmosphere, situated near the tree-lined Brooks Street, Manning's Main Street, offering a variety of shops, restaurants, and cafes. Manning itself provides a slower pace of life while maintaining convenient proximity to both Columbia, SC and the South Carolina coast. Seller financing is available, making this an attractive opportunity for investors seeking strong returns and a manageable acquisition process. This portfolio represents a rare chance to acquire a well-positioned, income-generating asset with clear avenues for immediate and long-term value enhancement.

• Alternative Use

  Use

  Valuation

  Residential

  $156,539

  Hospitality

  $143,389

  Educational

  $119,298

  Medical

  $123,401

  Retail

  $185,574

Location Insight

City

Manning

County

Clarendon

State

South Carolina

Latitude

33.6996

Longitude

-80.2069

CBSA code

44940

CBSA name

SUMTER, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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