23-73 Newton Trail

Andrews, SC 29510

About this property

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 place?providing 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.

About this property

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 place?providing 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.

Features and Additional Information

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$350,000 Pending
5,472 sqft

Presented By Bailey Basnight

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Area Information

54A Andrews Are includes city of Andrews | Georgetown County | Not within a Subdivision

$ 350,000
This listing is play_arrow 6.7% lower than the average in the area
$ 375,000 in the area
5,472 SqFt
This listing is play_arrow 366.5% larger than the average in the area
1,173 SqFt in the area
$ 64 $/SqFt
This listing is play_arrow 80.0% less than the average in the area
$ 320 $/SqFt in the area
13 days on site
This listing is play_arrow 81.7% below the average in the area
71 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Jacob English
Brokerage: CB Sea Coast Advantage MI

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