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This Multifamily Property is no longer advertised on LoopNet.com.

223 Nautical Rd
Lexington, SC 29072
 Lake Lodge Mobile Home Park & Apartments · Multifamily Property For Sale · 50,000 SF

Mobile Home & RV Parks South Carolina Lexington 223 Nautical Rd, Lexington, SC 29072

INVESTMENT HIGHLIGHTS

  • Below market rental rates representing an opportunity to immediately increase revenues through rental increases.
  • With paved roads, tenant-owned homes and well-maintained apartments, this property offers straightforward management and minimal deferred maintenance.
  • The prime lakeside location, coupled with the close proximity to downtown Lexington provides for significant redevelopment potential.
  • 99% occupancy rate with minimal historic turnover provides ownership with steady and predictable cash flows.
  • Exclusive lake access offers tenants a unique amenity, making this property a standout choice compared to other local rental options.

PROPERTY FACTS

No. Units 100 Lot Size 12.07 AC
Property Type Multifamily Building Size 50,000 SF
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
 Average Occupancy 99%
Apartment Style Low-Rise No. Stories 1
Building Class C Year Built 1969
Zoning ID
No. Units 100
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 12.07 AC
Building Size 50,000 SF
Average Occupancy 99%
No. Stories 1
Year Built 1969
Zoning ID

AMENITIES

SITE AMENITIES

  • Tennis Court
  • Waterfront
  • Dock
  • Lake Access
  • Maintenance on site

LINKS

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003418-05-002
  • 003418-02-005
  • 003418-04-003
 Improvements Assessment $82,278
Land Assessment $66,580 Total Assessment $148,858

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003418-05-002
  • 003418-02-005
  • 003418-04-003
Land Assessment
$66,580
Improvements Assessment
$82,278
Total Assessment
$148,858
 

  • Listing ID: 34922073

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 223 Nautical Rd, Lexington, SC 29072

More public record information on 223 Nautical Rd, Lexington, SC 29072

The Lake Murray Multifamily Property at 223 Nautical Rd, Lexington, SC 29072 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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