1154 Edgewater Road | Pineville | $315,000
Property Description
Income-Producing Mobile Home Park | 7.8 Acres | FLEX-1 ZoningRare opportunity to acquire an established mobile home park with stable cash flow and future upside potential. Situated on approximately 7.8 acres across two separate tax parcels, including TMS #0210001101 (1160 Edgewater), this FLEX-1 zoned property offers investors immediate income with room for future growth.The property currently consists of five tenant-owned homes (TOH) occupying leased lots and generating consistent pad rental income. The homes are owned by the tenants and are not included in the sale. In addition, the property includes a 2,700-square-foot Quonset Hut with power, which is leased and provides additional income.This investment benefits from the reduced maintenance responsibilities commonly associaper pad, providing dependable cash flow from day one.Value-add investors will appreciate the presence of two additional existing septic systems that could support future mobile home placements, creating the potential to increase monthly revenue by approximately $900-$1,000 per month with minimal infrastructure investment.Recent improvements include:New well installed in 2024Road improvements throughout the propertyNew mailbox installationRepairs and upgrades to the Quonset HutBeyond the income potential, the property offers an attractive rural setting featuring a large stocked pond, mature wooded acreage, abundant wildlife, and frequent deer sightings. The combination of income-producing assets and usable land creates multiple paths for future growth and value enhancement.This property also presents a unique owner-occupant opportunity. A buyer could potentially reside on-site while allowing the existing rental income to offset a significant portion of their living expenses.Rent roll and financial information are available through the property manager upon request.Property is being sold strictly AS-IS. Seller is a licensed South Carolina Real Estate Agent
Property Details
- MLS ID26015920
- Property TypeMulti Unit - Multiple
- Building Area Total0
- Days on Site1
- Lot Dimensions7.80 acre(s)
- Lot Size7.80 Acres
- Other StructuresYes
- Stories1.0
- Structure TypeOther
- Units1
- acres7.80
Listed By / Shown By
Listed By
Agency Name: Southern Shores Real Estate Group
Charleston Trident MLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
Charleston Trident MLS
Web address QR Codes
1154 Edgewater Road
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