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MLS ID: 25006147
For Sale - $675,000

About this property

Bedrooms 12
sq2 1026
Lot Size 4.1000 acres
Year Built 1995
DOM 8

Address

Address:
Keegan Road
City:
Walterboro
Zip Code:
29488
County:
Colleton
State:
SC

Features and Amenities

Cooling
Central Air, Other
Heating
Heat Pump, See Remarks
Roof
Metal
Laundry Features
Electric Dryer Hookup, Washer Hookup
Utilities
Dominion Energy, Palmetto Tel Rural Coop
Other
Asphalt, Central

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.

Schools

Name Address Phone Type Grade
Black Street Early Childhood Center 256 Smith Street 8437824513 Public PK-K SPED
Name Address Phone Type Grade
Colleton Adult Education 500 Forest Circle 8437820018 Public SPED
Name Address Phone Type Grade
Colleton County High School 150 Cougar Nation Drive 8437820031 Public 9-12 SPED
Thunderbolt Career and Technology Center 1069 Thunderbolt Road 8437824514 Public 9-12 SPED
Name Address Phone Type Grade
Colleton County Middle 1379 Tuskegee Airmen Drive 8437820040 Public 6-8 SPED
Name Address Phone Type Grade
Forest Hills Elementary 633 Hiers Corner Road 8437824512 Public 1-5 SPED
Northside Elementary 1929 Industrial Road 8437820015 Public 1-5 SPED
Name Address Phone Type Grade
Hendersonville Elementary 6089 Hendersonville Highway 8437820027 Public PK-5 SPED
Name Address Phone Type Grade
Colleton Prep Academy 165 Academy Road 843-538-8959 Private PK-12
Name Address Phone Type Grade
North Walterboro Christian Academy 2177 Jefferies Hwy 843-539-1618 Private K5-12
subdivision
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Mortgage Calculator

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%
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Interest Rate as of: Sat, Mar. 15, 2025
$ 675,000 Home Price
$ 3,524 Monthly payment
$ 540,000 Amount Financed
$ 42,288 Annual cost of Loan
$ 1,268,638 Total of 360 Payments

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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