Keegan Road, Walterboro, SC 29488

$675,000
12
BD
1,026
SqFt

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.

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Listing courtesy of Listing Agent: Angelia Araneo from Listing Office: Carolina Homes & Land Realty, LLC.