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23559851
23559860

0 Keegan Road, Walterboro, SC 29488 For Sale

Carolina Homes & Land Realty
Listed by Carolina Homes & Land Realty
$675,000
416 days on market
Updated 416 days ago

0 Keegan Road

Details
Property Type Multifamily, Land
Sub Type Apartment Building, Single Family Rental Portfolio (+4)
Square Footage 6,290
Units 6
Cap Rate 9.50%
Acreage 4.100

Multifamily | 9.50% CAP | 6 Units

Marketing description

Derby Fields Mobile Home Park, 4.1 acre mobile home park with 13 home pads with all utilities in place- Prime Investment Opportunity, less than an hour from Charleston, Summerville, and Beaufort.This well- maintained mobile home park offers a lucrative opportunity with immediate income and potential for growth. Currently, the park features 13 mobile home pads, 6 park owned mobile homes, most of which are recently remodeled and new heat and air units installed, generating $5735 per month, 2 lot rents generating $770 per month in rental income. With 5 vacant lots, the potential to increase revenue is significant, offering a solid return on investment. There is a DHEC approved well system fully certified and inspected, serving all 13 pads. Located in a prime area with easy access to Charleston, Summerville, Beaufort and Savannah- perfect for attracting tenants seeking a peaceful and convenient place to call home. -Consistent income with potential for significant growth through occupancy of vacant lots or by adding more park-owned units. The 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 and steady income and significant upside potential with long term revenue grossing over $80k in 2024. Don't miss the opportunity to invest in this profitable property in a growing market with high demand.
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Listing Contacts

Carolina Homes & Land Realty
Listed by Carolina Homes & Land Realty

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