Property Details
- Property Type Multi-Family
- Units 0
- Lot Size 9.65 Acre
- Parking Spaces Avail. 72
- Property Tenancy Multi-Tenant
- Date Updated Apr 26, 2024
Estimated $252,00 NOI equating to $21,000+ per month after a rent push. 6.63% Cap Rate. NOI has been as high as $27,000 per month but taking into consideration some Capex, so estimating low. Rent Comps in the area will allow going much higher = $1,049 rent. Any figures can fluctuate over time. **NEWLY INSTITUTED LEASES AT $1,000 NOW THUS VALUE ADD REACHING THAT** Columbia, SC MSA / Lexington County / 38 Mobile Home Units In a Two-Park Adjacent Portfolio. Within a two-mile radius of a Walmart Super Center and Lowe's Home Improvement Center. Walgreens, Dollar General, Starbucks, Publix, Food Lion, High School, and Middle School are also within several miles. Lexington is a rapid expansion zone for the Columbia MSA for rooftops, commercial, and industry. Correspondingly this combination of assets will maintain occupancy and vibrancy long-term based on the pattern analysis of past performance and future projections. Video Tour https://drive.google.com/drive/u/4/folders/158Tjux5g5s6sIrzzl3-UIf4W2wYJ6x_W ALL ASPECTS OF PROPERTY AND SALE ARE SOLELY BUYER DUE DILIGENCE AND BROKER DOES NOT GUARANTEE ASPECTS THUS SOLELY BUYER DUE DILIGENCE.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
13/100
Walk Score ®
-
33/100
Bike Score ®
Location
- City Lexington, SC
- Zip Code 29073
- Market Columbia
Points of Interest
-
Shell
1.16 miles
-
Exxon
1.18 miles
-
Murphy Express
1.30 miles
-
ExxonS
1.90 miles
-
Quick Service
2.84 miles
-
Walmart
3.09 miles
-
Shell
3.12 miles
-
Shealy's PDQ
3.28 miles
-
Shell
3.33 miles
-
Shell
3.34 miles
-
Lexington High School Faculty Parking
7.67 miles
-
Lexington High School Visitor Parking
7.71 miles
-
Dreher Shoals Dam Parking Lot
8.93 miles
-
Days Inn
3.55 miles
-
Comfort Suites
5.60 miles
-
Quality Inn & Suites
5.68 miles
-
SureStay
5.81 miles
-
Holiday Inn Express
5.95 miles
-
Days Inn
6.79 miles
-
Country Inn & Suites
6.84 miles
-
Sleep Inn
6.85 miles
-
Carolina Lodge
6.92 miles
-
Travelers Inn
6.96 miles
-
Publix
1.05 miles
-
Food Lion
1.28 miles
-
ALDI
1.37 miles
-
Walmart Supercenter
1.54 miles
-
Walmart Neighborhood Market
3.01 miles
-
Food Lion
3.14 miles
-
Food Lion
4.12 miles
-
KJ's Market IGA
5.26 miles
-
Big Lots
5.86 miles
-
Village Shopping Center
5.87 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.