Description
Great investment opportunity in Georgetown County featuring five separately parceled lots, each improved with an individual mobile home. The manufactured homes range in age from 1983 to 1999, offering a diverse asset mix with established tenancy. Each parcel is individually subdivided and equipped with its own utilities and separate meters, creating a clean, low-maintenance management structure with flexibility for future resale or portfolio structuring. All homes are tenant-occupied, and tenants would like to remain in placeproviding immediate income from day one. This property offers approximately a 13% annual return, meaning it has strong income performance compared to many traditional investments. At the current numbers, the investment is projected to pay for itself in about 7.7 years, making it an attractive opportunity for investors seeking solid cash flow and long-term value. Located just minutes from the heart of Georgetown, the property benefits from proximity to the area’s historic waterfront district, local shops, restaurants, and coastal charm. Georgetown is known for its scenic harbor, oak-lined streets, and authentic Lowcountry atmosphere, while still offering convenient access to major highways and surrounding coastal communities. The property is also approximately 15 minutes from Georgetown County Airport, adding to its accessibility. Whether you’re expanding your portfolio or looking for a high-performing, income-producing asset along the South Carolina coast, this fully occupied multi-parcel mobile home package presents outstanding investment potential.
Details
| MLS # | 2607020 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1993 |
| Days On Site | 160 |
| Listing Provided By | Watermark Real Estate Group | Jay Herring |
Features
| SQ Feet | 5,472 |
|---|---|
| Units | 5 |
| Zoning | GR |
Area Information
| State | SC |
|---|---|
| County | Georgetown |
| City | Andrews |
| Zip Code | 29510 |
| Area | 54A Andrews Are includes city of Andrews |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $350,000 low | high Med: $359,900 sqft: 5,472 low | high Med: 1,608 $ / sqft: $64 low | high Med: $224 On site: 160 low | high Med: 75 | |
Market Activity 29510
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Learn More About This Property
| State | SC |
|---|---|
| County | Georgetown |
| City | Andrews |
| Zip Code | 29510 |
| Area | 54A Andrews Are includes city of Andrews |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $350,000 low | high Med: $359,900 sqft: 5,472 low | high Med: 1,608 $ / sqft: $64 low | high Med: $224 On site: 160 low | high Med: 75 | |