Great investment property! A 10-pad mobile home park with 10 park-owned homes and 1 apartment. The additional 2 vacant lots can be subdivided/sold with TMS numbers. All pads have homes and are rented. The park has gravel roads, city water/sewer, and no common electric needs. The park is 1.45 acres and the 2 lots are .48 and .87 acres. All homes are park-owned and pay lot rent plus home rent. This is a safe investment for cash flow and forced appreciation. Market research shows limited rentals in this price range. City water/sewer keeps expenses low and improves bank financing. The park is well maintained and in good shape. The 2 parcels could be sold; market analysis shows they're worth $20K-$30K each. Owner is accepting all offers.
For sale
Price cut: $30K (11/19)
$540,000
109 Crosby St, Walterboro, SC 29488
9beds
1,000sqft
Est.:
Mobile Home
Built in 1985
2.87 Acres Lot
$-- Zestimate®
$540/sqft
$-- HOA
What's special
Park owned homesGravel roads
- 279 days |
- 133 |
- 10 |
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