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Walterboro,SC 29488
Key Details
Property Type Single Family Home, Multi-Family
Sub Type House,More than 4
Listing Status Active
Purchase Type For Sale
Square Footage 1,026 sqft
Price per Sqft $657
MLS Listing ID 25006147
Bedrooms 12
Year Built 1995
Lot Size 4.100 Acres
Acres 4.1
Property Sub-Type House,More than 4
Property Description
Derby Fields, 4.1 acre Mobile Home Park with 13 home pads- Prime Investment Opportunity, less than an hour from Charleston, Summerville, and Beaufort.This well- maintained mobile home park offers a fantastic opportunity with immediate income potential and room for growth. Currently, the park features 13 Mobile home pads, 6 of which are park-owned units generating $5735 per month in rent. Additionally, there are 2 pads with lot rent only, producing an additional $770 per month in rental income. With 5 vacant lots, the potential to increase revenue is significant, offering a solid return on investment. All lots have power, water tap and septic. There is a DHEC approved well system, fully certified and inspected, serving all 13 pads. Located in a prime area with easy access to Chareston, Summerville, Beaufort and Savannah- perfect for attracting tenants looking for a peaceful and convenient place to call home. -Consistent income with the potential for significant growth through occupancy of vacant lots or adding more park- owned units.
This mobile home park is a rare opportunity for seasoned investors or those looking to step into the real estate market with a property that offers a strong stable cash flow and significant upside potential with long term revenue potential. Grossing over $80k in revenue in 2024, this is an opportunity to secure a profitable property in a growing market with a high demand.
Location
State SC
County Colleton
Area 82 - Cln - Colleton County
Interior
Heating Central,Heat Pump,See Remarks
Cooling Central Air,Other
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Utilities Available Dominion Energy,Palmetto Tel Rural Coop
Roof Type Asphalt,Metal
Building
Dwelling Type House,More than 4
Foundation Crawl Space
Sewer Septic Tank
Structure Type Aluminum Siding,Vinyl Siding
New Construction No
Schools
Elementary Schools Northside Elementary
Middle Schools Colleton
High Schools Colleton
Others
Financing Any