
Listed by Choice Realty
$2,320,000
Diversified Residential Investment Portfolio
Details
APN 1680001099
Property Type Multifamily, Land
Sub Type RV Park, Apartment Building
Square Footage 35,000
Units 37
Price per SqFt $66
Multifamily | 37 Units
Marketing description
Thirty-Seven Units with Twenty-Nine (29) manufactured homes, six (6) lot rentals, two (2) Single-Family homes, and 1 lot are being sold as a packaged rental portfolio, in as-is/where is condition, all located in Darlington, SC, Florence, SC, Conway, SC, and Garden City, SC. Most homes date from the 1990's. There are multiple value-add strategies offered here including: increasing rents to market levels, making targeted property improvements, maintaining stable rental income, converting coastal properties to stronger short-term vacation rentals and/or selectively selling individual properties as flips for generating short-term profits. The majority of the homes are located in Darlington County. Feel free to drive by each property, but do not roam around on the properties or talk to tenant residents. Additional data available with signed Confidentiality Agreement. Sellers will only consider offers from qualified Buyers paying in Cash, Commercial Financing or Hard Money. Showings of a few properties is permitted provided Buyer provides Proof of Funds and signs Confidentiality Agreement. Sellers and Seller's agent reserve the right to withdraw a property at any time for any reason.
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Listed by Choice Realty
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