Viewing Listing MLS# 1403539

$1,450,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,200,000
3993 Socastee Blvd.
Myrtle Beach, SC 29588
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/ASqFt
  • 1972Year Built
  • 0.00Acres
  • MLS# 1403539
  • Residential
  • ManufacturedOnLand
  • Sold

  • Approx Time on Market1 year, 3 months, 21 days
  • AreaMyrtle Beach Area--Socastee
  • CountyHorry
  • Subdivision Not within a Subdivision

Overview

50 pad mobile home park in great condition. Fully leased and in a prime myrtle beach location. Deal also includes one older but well maintained stick built, three bedroom home. That lot and home are zoned TRS (old commercial highway). The park and home total over 7.1 acres. Solid income with low expenses and minimal management. Note; rents have just been increased for the fist time in over 6 years! Great tax sheltered income from depreciation and amortization. Many tenants have been here for 25 plus years. The construction at Highway 17 Bypass at Highway 707 is now complete and this location cannot be replaced. Tenants pay all their own utilities and home repairs. Landlord does provide lawn care. Square footage/acreage is approximate and not guaranteed. Buyer/Tenant is responsible for verification.



Sale Info

Listing Date: 02-18-2014

Sold Date: 06-09-2015

Aprox Days on Market: 
   1 Year(s), 3 month(s), 21 day(s)

Listing Sold: 
   11 Year(s), 1 month(s), 6 day(s) ago

Asking Price: $1,595,000

Selling Price: $1,200,000

Price Difference: 
Reduced By $250,000

Agriculture / Farm

Grazing Permits Blm:  ,No,

Horse:  No

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Irrigation Water Rights:  ,No,

Farm Credit Service Incl:  ,No,

Crops Included:  ,No,

Association Fees / Info

Hoa Frequency:  Monthly

Hoa:  No

Community Features:  Other

Assoc Amenities:  Other

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1972

Mobile Home Remains:  ,No,

Zoning:  TRS & MHP

Construction Materials:  Other, VinylSiding

Buyer Compensation

Exterior Features

Spa:  No

Foundation:  Other

Financial

Lease Renewal Option:  ,No,

Garage / Parking

Garage:  No

Carport:  No

Parking Type:  Assigned

Open Parking:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.00

Lot Size:  308*1016

Land Lease:  No

Lot Description:  OneOrMoreAcres, OutsideCityLimits, Rectangular, RectangularLot

Misc

Pool Private:  No

Offer Compensation

Other School Info

Property Info

County:  Horry

View:  No

Number of Units Total:  50

Senior Community:  No

Stipulation of Sale:  None

Property Sub Type Additional:  MultiFamily

Property Attached:  No

Security Features:  Other

Disclosures:  CovenantsRestrictionsDisclosure

Rent Control:  No

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2015-06-09T00:00:00

Sqft Info

Tax Info

Tax Legal Description:  Parcel A & B

Unit Info

Utilities / Hvac

Heating:  Central, ForcedAir, Other

Electric On Property:  No

Cooling:  No

Utilities Available:  ElectricityAvailable, Other, UndergroundUtilities, WaterAvailable

Heating:  Yes

Water Source:  Public

Waterfront / Water

Waterfront:  No

Courtesy of Cb Seacoastadvantagecommercial  - Main Line: 843-280-1232

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On carol-burchfield.idxframes.com since Tue, Feb 18th 2014
No Property History recorded for this listing.

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