Last Sold Price
250,034 Lot Size5.74 Acres
0 Salty Rd, Bamberg, SC 29003

Description

Mobile Home lots up n running and looking for a new investor to add to their portfolio! This 5.74 acre tract consists of 7 lots. 6 lots are cleared set up. There are currently 5 mobile homes in place (tenants own the homes and rent the land). 1 lot is vacant right now and the 7th lot has not been cleared but has previously passed a Perk test! So, you could clear and get that lot in operation as well! Each lot has a private septic system in place. Current owner has owned since the 80's and has not...Mobile Home lots up n running and looking for a new investor to add to their portfolio! This 5.74 acre tract consists of 7 lots. 6 lots are cleared set up. There are currently 5 mobile homes in place (tenants own the homes and rent the land). 1 lot is vacant right now and the 7th lot has not been cleared but has previously passed a Perk test! So, you could clear and get that lot in operation as well! Each lot has a private septic system in place. Current owner has owned since the 80's and has not raised rent in over a decade. He currently receives $140 lot rent per month = $980 (could be more if other 2 lots put to use!) Of course, the lot rent could be raised to current market values by new owner! Dirt roads are maintained by the county! Great opportunity, go check it outCurrent owner has owned since the 80's and has not raised rent in over a decade. He currently receives $140 lot rent per month = $980 Similar lots in the area comp at $200 - $225 per lot per month, so rent could definitely be adjusted! Renting all lots at Fair current fair market would be an $1,575.00 per month income! Putting this investment at an over 22% CAP RATE! A fantastic ROI. Dirt roads are maintained by the county! Water supply is public! Great opportunity, go check it out! Lots are definitely oversized.. Possibly split them in half and make twice the lots? or more... List agent is related to seller
LISTING CLOSED: 11/04/2022 12:00 AM

  1. Listed by Cole & Associates Inc.

Property Details for 0 Salty Road

Status
MLS #
22009152
Days on Market
140
Taxes
$231 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
5.74 AC
Subdivision Name
None

Location

Listing Courtesy of Cole & Associates Inc.

Sold By Cole & Associates Inc.

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Building Information for 0 Salty Road

Lot Size5.74 AC

Payment Calculator

$492 per month

30 year fixed, 6.55% Interest

Principal and Interest

$473

Property Taxes

$19

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 0 Salty Road

Summary
Location and General Information
  • City Region: None
  • Latitude: 33.323926
  • Longitude: -81.034198
  • Directions: Turn By Dukes On 301, Go Straight Across And Down 2 Streets, And 2nd Rd On The Left. Go Down And Park Is Down There. Land Between Lazy And Salty
Taxes and HOA
  • Tax Map Number: 00860000070
School Information
  • Elementary School: Out of Area
  • High School: Out of Area
  • Middle Or Junior School: Out of Area
Parking
  • Attached Garage YN: None
  • Carport YN: None
Property
Lot Information
  • Building Area Units: Square Feet
  • Lot Features: 5 - 10 Acres
Property and Assessments
  • Photos Count: 4
  • Assumable: No
Utilities
  • Utilities: Electricity Connected
  • Sewer: Septic At Site
Multi Family
Multi-Family Information
  • Number Of Lots: 8

Property History for 0 Salty Road

DateEvent & SourcePriceAppreciation
Nov 4, 2022

Sold

CHS Regional MLS #22009152

$93,000
Aug 31, 2022

Pending

CHS Regional MLS #22009152

Apr 12, 2022

Price Change

CHS Regional MLS #22009152

$100,000
DateEvent & SourcePrice
11/04/2022

Sold

CHS Regional MLS #22009152

$93,000
08/31/2022

Pending

CHS Regional MLS #22009152

04/12/2022

Price Change

CHS Regional MLS #22009152

$100,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Salty Road

This home is within Bamberg 03.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Richard Carroll Elementary
PublicPK to 6

Denmark-Olar Middle School
Public6 to 8

Bamberg-Ehrhardt Middle School
Public7 to 8

Denmark Olar High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Cole & Associates Inc.

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