Address
109 Crosby St Walterboro, SC
Price
$ 395,000
Property Attributes
  • MLS#30761615
  • TypeCommercial
  • CountyCOLLETON
  • CityWalterboro
  • AreaColleton County
  • Zip29488
  • Style
  • Price$ 395,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Live Oak Real Estate
Data Source:
Charleston Trident MLS (CTARMLS)- 13 - SC
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

Price History
9/16/2021 Listed $395,000

General Features

Property Type Multi-Family
Submarket 82 - Colleton County

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 29488

Price
AVG $790K
$400K
Visits
AVG 64
22
Walkscore
AVG 35
18
Data Provided by Walkscore ® not using MLS data

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