747 Seba St - Manufactured Housing/Mobile Housing FOR SALE


Orangeburg, SC 29115
$89,900 USD
864-525-8562
747 Seba St, Orangeburg, SC for Sale
$89,900 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/9
null | 6.74% Cap Rate

747 Seba St
Orangeburg, SC 29115


HIGHLIGHTS

  • Three existing rented mobile home lots with potential for at least two additional lots.
  • Current rents are below market, providing strong upside potential.
  • Connected to city utilities including water, sewer, and gas.
  • Professionally managed with absentee ownership.
  • Located near downtown Orangeburg with access to retail and services.

OVERVIEW

Three rented mobile home lots with the ability to add a minimum two more. Current lot rents are below market at $225 per lot. Owner plans to increase to $240 per lot in July 2026. The current MH lot rents on the market range from $300-350 per month allowing for great upside. The lots are managed, owner is out of state and completely absentee. Only expenses include $604 annual taxes and $50 per unit per month management fee. Current annual NOI of $5,700. Proforma NOI of $11,400 with rents at market rate of $300 /lot and adding one lot for rent on additional land. Owner selling for land value.

FOR SALE DETAILS

PRICE

$89,900 USD

PRICE/SF

$180 USD /SF

# OF UNITS

4

PRICE/UNIT

$22,475

CAP RATE

6.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

R

APN/PARCEL ID

0174-20-12-001.000

ASK ABOUT THIS PROPERTY

Mark GriffinSperry-Griffin PartnersMore Info
864-525-8562

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Mark GriffinSperry-Griffin PartnersMore Info
864-525-8562

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.