23-73 Newton Trail | Andrews | $350,000
23-73 Newton TrailAndrews, SC 29510
For SALE
Mobile
ACTIVE
$350,000
EST. 881.03/MO CALCULATE
5,472
SQ. FT.
Property 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 areas 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 youre 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.
Property Details
- MLS ID2607020
- Property TypeResidential - Mobile Home
- Days on Site70
- HOA Fee0/ Monthly
- Parcel#02-0130-001-01-00
- Units5
- Year Built1993
Listed By / Shown By
Listed By
Agency Name: Watermark Real Estate Group
Agency Phone: 843-314-4284
CCAR MLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
CCAR MLS
Web address QR Codes
23-73 Newton Trail
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