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109 Crosby Street

Walterboro, SC 29488
  • $395,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: 21025312
UPDATED: 47 min ago
$395,000
  • 0
    BEDS
  • 2.87
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,000
    SQFT
  • $30
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Information

Elementary School:
Middle School:
High School:

Description

The property is a 10 pad park with 10 park owned homes and 1 apartment in Walterboro SC. Additionally, there are 2 vacant lots, subdivided, with TMS numbers, that could be sold off. All pads have homes on them, and are occupied. The park has gravel roads, city water, city sewer, and no common electric requirements. The park sits on approximately 1.45 acres and the 2 other lots are .48 acres, and .87 acres. All the homes are park owned, and pay lot rent with their home rent.This property offers a safe opportunity for cash flow and forced appreciation. The park is fully occupied, and market research shows limited available rentals in the price range. Their are a few opportunities that make this park attractive; -The park has city sewer and water, making expenses low and more attractive for bank financing -The park has been well maintained, and is in good shape -The park is under market rent, which is showing at least $650 for a comparable home -The park has 2 parcels of land that could be sold off, market analysis shows they are worth $10,000- $20,000 each -Current Average rents are $584 -High Rent-$625 -Low Rent-$496

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Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Coastal. Data last updated: 2021-12-01T10:31:59.97.
www.charlestonsbesthomesearch.com/homes/121463668
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109 Crosby Street Walterboro, SC 29488

  • Price: $395,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 47 min ago
  • ID#: 21025312
0
Beds
0
Baths
0
½ Baths
2.87
Acres
13,000
SQFT
$30
$/SQFT
1987
Built
Neighborhood:
Colleton County
County:
Colleton
Area:
Colleton County
Elementary School:
Northside Elementary
Middle School:
Colleton
High School:
Colleton
Property Description
The property is a 10 pad park with 10 park owned homes and 1 apartment in Walterboro SC. Additionally, there are 2 vacant lots, subdivided, with TMS numbers, that could be sold off. All pads have homes on them, and are occupied. The park has gravel roads, city water, city sewer, and no common electric requirements. The park sits on approximately 1.45 acres and the 2 other lots are .48 acres, and .87 acres. All the homes are park owned, and pay lot rent with their home rent.This property offers a safe opportunity for cash flow and forced appreciation. The park is fully occupied, and market research shows limited available rentals in the price range. Their are a few opportunities that make this park attractive; -The park has city sewer and water, making expenses low and more attractive for bank financing -The park has been well maintained, and is in good shape -The park is under market rent, which is showing at least $650 for a comparable home -The park has 2 parcels of land that could be sold off, market analysis shows they are worth $10,000- $20,000 each -Current Average rents are $584 -High Rent-$625 -Low Rent-$496
Exterior Features

Architectural Style Mobile HomeMore Than 4

Listing courtesy of Live Oak Real Estate.


Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Coastal. Data last updated: 2021-12-01T10:31:59.97.
 
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Realty ONE Group Coastal
654 Coleman Blvd Suite 100
Charleston SC, 29464