203 Conyers Ave Florence, SC 29505-3261
- Mobile home & RV parks
- 0.31 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 203 Conyers Ave
- Year built
- 1980
- Lot size
- 0.31 lot acres
- Property type
- Mobile home & RV parks
- APN
- 90080-01-010
- APU
- 9008001010
Description
This exceptional investment opportunity presents a 1.06-acre mobile home park in Florence, South Carolina, located at 203 W Conyers Ave, zip code 29505. The property, zoned B-3 (General Business), comprises ten lots currently housing ten mobile homes, offering immediate passive income potential. All mobile homes are included in the sale. The flexible zoning allows for diverse uses, including residential, multifamily, and commercial ventures, presenting significant upside for a savvy investor. The asking price is $650,000, with owner financing available (20% down payment) and open to joint venture proposals. Currently, some mobile homes are occupied and generating rental income
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $295,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $315,000
- Mixed-Use
- $295,000
- Hospitality
- $260,000
- Educational
- $310,000
- Residential Income
- $310,000
- Energy
- $355,000
- Income-Based Land
- $345,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.7677
- Latitude
- 34.1629
- CBSA code
- 22500
- CBSA name
- FLORENCE, SC METROPOLITAN STATISTICAL AREA