109 Crosby Street
109 Crosby Street
$390,000
—
13,000
13,000
$30
Closed 5/26/22
Description
The property is a 10 pad park with 10 park owned homes and 1 apartment in Walterboro SC. Additionally, there are 2 vacant lots, subdivided, with TMS numbers, that could be sold off. All pads have homes on them, and are occupied. The park has gravel roads, city water, city sewer, and no common electric requirements. The park sits on approximately 1.45 acres and the 2 other lots are .48 acres, and .87 acres. All the homes are park owned, and pay lot rent with their home rent. This property offers a...The property is a 10 pad park with 10 park owned homes and 1 apartment in Walterboro SC. Additionally, there are 2 vacant lots, subdivided, with TMS numbers, that could be sold off. All pads have homes on them, and are occupied. The park has gravel roads, city water, city sewer, and no common electric requirements. The park sits on approximately 1.45 acres and the 2 other lots are .48 acres, and .87 acres. All the homes are park owned, and pay lot rent with their home rent. This property offers a safe opportunity for cash flow and forced appreciation. The park is fully occupied, and market research shows limited available rentals in the price range. Their are a few opportunities that make this park attractive;
-The park has city sewer and water, making expenses low and more attractive for bank financing -The park has been well maintained, and is in good shape
-The park is under market rent, which is showing at least $650 for a comparable home
-The park has 2 parcels of land that could be sold off, market analysis shows they are worth $10,000- $20,000 each
-Current Average rents are $584
-High Rent-$750
-Low Rent-$496
-The park has city sewer and water, making expenses low and more attractive for bank financing -The park has been well maintained, and is in good shape
-The park is under market rent, which is showing at least $650 for a comparable home
-The park has 2 parcels of land that could be sold off, market analysis shows they are worth $10,000- $20,000 each
-Current Average rents are $584
-High Rent-$750
-Low Rent-$496
- Listed by Live Oak Real Estate
Property Details for 109 Crosby Street
Subdivision Name
None
Location
LISTING UPDATED: 05/27/2022 03:51 PM
Property Details for 109 Crosby Street
Status | Closed |
---|---|
MLS # | 21025312 |
Days on Market | 166 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1987 |
Lot Size | 2.87 AC / 125,017 SF |
County | Colleton County |
Location
Building Information for 109 Crosby Street
Stories-Residences-Year Built1987Building Size-Lot Size2.87 AC / 125,017 SF
Payment Calculator
$2,128 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 109 Crosby Street
Property History for 109 Crosby Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 109 Crosby Street
This home is within Colleton 01 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Northside Elementary School Public1 to 5 | ||
Colleton County Middle Public6 to 8 | ||
Colleton County High School Public9 to 12 | ||
Thunderbolt Career And Technology Center 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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