1246 Smith St Timmonsville, SC 29161
This exceptional investment opportunity presents a 29-acre mobile home park situated at 1246 W Smith Street, Timmonsville, South Carolina. The property currently features 21 established spaces complete with underground utilities and individual septic tanks for each lot. A modern county water system with updated taps is already in place. Ten mobile homes are currently generating rental income, with five additional lots also leased. Three vacant lots offer immediate expansion potential, and three existing mobile homes are available "as is," requiring repairs. The mobile home park itself occupies approximately five acres, leaving a significant 24-acre expanse ripe for development. This substantial additional acreage presents a unique opportunity to build single-family homes, capitalizing on the high demand for housing in the area. The existing infrastructure, including the updated water system and established utilities, significantly reduces the upfront costs associated with further development. This property is priced at $750,900 and offers a compelling blend of immediate income generation and substantial long-term growth potential. Pre-qualification is required for purchase consideration.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.