109 Crosby ST Street Active

Walterboro,SC 29488

$ 570000

9 Beds

9 Baths

1000 SqFt


Key Details

Property Type Mobile Home

Sub Type Mobile Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $570

MLS Listing ID 189231

Style Ranch

Bedrooms 9

Full Baths 9

Year Built 1985

Lot Size 2.870 Acres

Property Sub-Type Mobile Home

Property Description

Great investment property! A 10 pad mobile home park w/ 10 park owned homes and 1 apartment. The additional 2 vacant lots can be subdivided/sold w/ TMS numbers. All pads have homes, & are rented. The park has gravel roads, city water/sewer, & no common electric requirements. The park is 1.45 acres & the 2 other lots are .48 acres, & .87 acres. All homes are park owned, & pay lot rent & home rent. This a safe investment for cash flow & forced appreciation. Market research shows limited available rentals in the price range. What makes this park attractive is the city sewer & water, making expenses low & more attractive for bank financing.
The park has been well maintained, & is in good shape. The 2 parcels of land could be sold. Market analysis shows they are worth $20K-$30K each.

Location

State SC

County Colleton

Exterior

Parking Features None

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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