Area SpecialistAriel Trouche
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$4,100,000.00 1156 Russell Drive
- Address: 1156 Russell Drive
- City / Zip:Mount Pleasant, 29464
- Area:Mt. Pleasant out to Hwy 41
- Time On Market:03/06/2022
- Status: Active
This property is in probate, sale is subject to court approval. This offering reflects an existing mobile home park operating for decades at near full occupancy. The majority of tenants have been vacated to allow for increasing pad rates to market, or for residential redevelopment. The property also includes two residential lots that cannot be used for mobile homes, but offer potential for residential development, or resale to recoup the initial investment in the park.The park is accessed via a gravel road through a 25' strip of land passing between the two lots that is under the same ownership. The lots can be sold separately, but their sale will be contingent upon a closed sale of the mobile home park. Each lot will be reduced in size slightly to increase the park access road to 50'.
- Lot Description
- 2 - 5 Acres
- Elementary School
- Mt. Pleasant Academy
- Middle School
- High School
- Lucy Beckham
Market Trends for
Mt. Pleasant out to Hwy 41
- Last Updated: 8/11/22
- Market Snapshot
- Total Properties listed: 125
- Average list Price: $1,212,607.46
- Median list Price: $895,000.00
- Typical Property
- 2433.09 Square Feet
- $498.38 / Sq. Ft.
This listing is provided courtesy by The Guerry Group, LLC.
Listings provided courtesy of Charleston MLS.
Information Deemed Reliable But Not Guaranteed
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