120 Sandy Springs Ln - Hidden Oaks & Southern Pines Mobile Home Park - Lexington, SC 29073

For Sale

120 Sandy Springs Lane, Lexington, SC 29073

This Lexington property for sale is located at 120 Sandy Springs Lane. The current listed sale price for 120 Sandy Springs Ln - Hidden Oaks & Southern Pines Mobile Home Park - Lexington, SC 29073 is $3,800,000. 120 Sandy Springs Ln - Hidden Oaks & Southern Pines Mobile Home Park - Lexington, SC 29073 is situated on a lot that is 9.65 acre in size.

Contacts

broker

Gilbert Bradham

SVN | BlackStream

(843) 310-1763

Property Details

  • Property Type Multi-Family
  • Units 38
  • Lot Size 9.65 Acre
  • Parking Spaces Avail. 76
  • Property Tenancy Multi-Tenant
  • Year Built 1968
  • Date Updated Apr 24, 2024
Columbia, SC MSA / Lexington County / 38 Mobile Home Units In a Two-Park Adjacent Portfolio *Less than 2 miles from 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 both 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. Lexington is the exploding population footprint of the Columbia MSA. The Columbia MSA has the University of South Carolina with significant enrollment, and Fort Jackson trains Army Soldiers from all over the United States. 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, the estimate is low. Rent Comps in the area will allow going much higher, as seen in the CoStar Analytics. Any figures can fluctuate over time. RENTS ARE BEING PUSHED TO $1,000 PER UNIT APPROXIMATELY NOW. CREOP Flipbook https://www.flipsnack.com/A5A986CC5A8/gilbert-2/full-view.html Video Tour https://drive.google.com/drive/u/4/folders/158Tjux5g5s6sIrzzl3-UIf4W2wYJ6x_W

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Getting around

  • 15/100

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  • 29/100

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Location

  • City Lexington, SC
  • Zip Code 29073
  • Market Columbia

Points of Interest

  • Shell

    1.14 miles

  • Exxon

    1.16 miles

  • Murphy Express

    1.26 miles

  • ExxonS

    1.85 miles

  • Quick Service

    2.79 miles

  • Walmart

    3.08 miles

  • Shell

    3.12 miles

  • Shell

    3.29 miles

  • Tesla Supercharger

    3.30 miles

  • Shealy's PDQ

    3.32 miles

  • Lexington High School Faculty Parking

    7.63 miles

  • Lexington High School Visitor Parking

    7.66 miles

  • Dreher Shoals Dam Parking Lot

    8.89 miles

  • Days Inn

    3.50 miles

  • Comfort Suites

    5.56 miles

  • Quality Inn & Suites

    5.64 miles

  • SureStay

    5.77 miles

  • Holiday Inn Express

    5.91 miles

  • Days Inn

    6.81 miles

  • Country Inn & Suites

    6.86 miles

  • Sleep Inn

    6.86 miles

  • Carolina Lodge

    6.93 miles

  • Travelers Inn

    6.97 miles

  • Publix

    1.03 miles

  • Food Lion

    1.25 miles

  • ALDI

    1.34 miles

  • Walmart Supercenter

    1.51 miles

  • Walmart Neighborhood Market

    3.01 miles

  • Food Lion

    3.14 miles

  • Food Lion

    4.15 miles

  • KJ's Market IGA

    5.25 miles

  • Big Lots

    5.81 miles

  • Village Shopping Center

    5.82 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.

Contact Listing Broker

broker

Gilbert Bradham

SVN | BlackStream

(843) 310-1763