$675,000

0 N Keegan Rd Unit 25006147 Walterboro, SC 29488

Estimated payment $4,417/month

Total Views 2,694
12 Beds
-- Bath
1,026 Sq Ft
$658 Price per Sq Ft

About This Home

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.

Listing Agent

Angelia Araneo

Carolina Homes & Land Realty, LLC License #77301

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 4.1 Acre Lot

Parking

  • Open Parking

Home Design

  • Asphalt Roof
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 12 Bedrooms
  • 1,026 Sq Ft Home
  • Crawl Space

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop

Schools

  • Northside Elementary School
  • Colleton Middle School
  • Colleton High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

Overview

  • 13 Units

Building Details

  • Operating Expense $8,550
  • Gross Income $80,460
  • Net Operating Income $71,911

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1995
  • Lot Size Acres: 4.1
  • Subdivision Name: None
  • Directions: From Walterboro, Take Cottageville Highway Turn Left Onto Sidneys At The Forks. Go 2.7 Miles, Take A Left Onto Keegan Drive. Go .5 Miles And Property Will Be On The Left.
  • Garage Yn: No
  • New Construction: No
  • Structure Type: House, More than 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Electric Cooktop, Refrigerator
  • Total Bedrooms: 12
  • Entry Location: Ground Level

Exterior Features

  • Roof: Asphalt, Metal
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Crawl Space
  • Other Structures: Yes
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other

Utilities

  • Cooling: Central Air, Other
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, Palmetto Tel Rural Coop

Schools

  • Elementary School: Northside Elementary
  • High School: Colleton
  • Middle Or Junior School: Colleton

Lot Info

  • Lot Size Sq Ft: 178595.999999
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Map Number: 1320000259000

Multi Family

  • Number Of Units Total: 13
  • Annual Gross Income: 80460
  • Property Net Operating Income: 71910.5
  • Annual Operating Expense: 8549.5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 For Sale $675,000 -- $658 / Sq Ft
Source: CHS Regional MLS

Source: CHS Regional MLS

MLS Number: 25006147

CHS Regional MLS