Log In/Sign Up
Your email has been sent.
747 Seba St
Orangeburg, SC 29115
Multifamily Property For Sale
·
500 SF
Investment Highlights
- Three existing rented mobile home lots with potential for at least two additional lots.
- Connected to city utilities including water, sewer, and gas.
- Located near downtown Orangeburg with access to retail and services.
- Current rents are below market, providing strong upside potential.
- Professionally managed with absentee ownership.
Executive Summary
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.
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.
Property Facts
| Price Per Unit | $22,475 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.00 AC |
| Cap Rate | 6.74% | Building Size | 500 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | R - Residential | ||
| Price Per Unit | $22,475 |
| Sale Type | Investment |
| Cap Rate | 6.74% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 500 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | R - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 0174-20-12-001.000 | Improvements Assessment | $156 |
| Land Assessment | $1,254 | Total Assessment | $1,410 |
Property Taxes
Parcel Number
0174-20-12-001.000
Land Assessment
$1,254
Improvements Assessment
$156
Total Assessment
$1,410
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
