1. South Carolina
  2. Florence
  3. 2805 Redwood Dr
$825,000

2805 Redwood Dr, Florence, SC 29501

  • 12 baths |
  • 13,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $63/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Mobile Home Portfolio for Sale - 11 Units in Florence, SC This mobile home portfolio includes 11 mobile homes, with 3 of them being detitled. The properties offer steady rental income and a cap rate of 14.47%, making it an attractive investment opportunity for rental property investors. Property Details: Asking Price: $825,000 - Annual Rent: $126,600 - Annual Insurance: $4,700 - Total Property Taxes: $2,521.46 Property Breakdown: 2805 Redwood Dr Rent: $775 Taxes: $495.11 2802 Redwood Dr Rent: $1,000 shared lot with 2808 Redwood Dr Rent: $1,000 Taxes: $139.46 2804 Redwood Dr Rent: $875 shared lot with 2806 Redwood Dr Rent: $1,000 Taxes: $159.38 2916 Palmetto Heights Rent: $1,000 Taxes: $139.46 2902 Palmetto Heights Rent: $775 Taxes: $139.46 3103 Meadowbrook Dr Rent: $1,000 shared lot with 3043 Sunny Point Dr Rent: $950 Taxes: $548.33 3034 Meadowbrook Dr Rent: $875 Taxes: $900.26 3030 Allison St Rent: $1,300 (current) This unit needs to be moved but has land available near the others (11 miles away). Moving it will require adding a septic tank and running county water to the location. This portfolio offers excellent rental income potential, with the added benefit of land available for relocating one unit. The total annual rent, combined with the low property taxes and insurance, presents an attractive investment opportunity with a strong cap rate. Call for more information or schedule a showing today!

Listing Status:
Active
Listing Office:
exp Realty Greyfeather Group : 843-253-2405
Listing Agent:
Thomas Langan : 843-773-0636
MLS ID:
20252770
  • Originating MLS: Pee Dee API
  • County: Darlington

This listing courtesy of Thomas Langan, exp Realty Greyfeather Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

J. L. Cain Elementary School

607 1st St, Darlington, SC, 29532

Grades PK-5

5.39 miles away

D

Darlington Middle School

150 Pinedale Dr, Darlington, SC, 29532

Grades 6-8

9.63 miles away

M

Mayo High for Math Science & Technology

405 Chestnut St, Darlington, SC, 29532

Grades 9-12

5.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.