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Eleanor Cippel

e@greatlifere.com +1(865) 712-3656

$ 195,000

Est. payment | -/mo

13 Beds

7 Baths

4,620 SqFt

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$ 195,000

Est. payment | -/mo

Save

13 Beds

7 Baths

4,620 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,620 sqft

Price per Sqft $42

Subdivision Ridgecrest

MLS Listing ID 555449

Bedrooms 13

Full Baths 7

Year Built 1996

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Multi Family

Source REALTORS® of Greater Augusta

Property Description

Mobile home park investment opportunity in Aiken with significant upside! This 10-lot portfolio across multiple parcels offers a mix of existing rent-to-own (RTO) income, renovation opportunities, and vacant infill lots, creating both immediate income and long-term potential through land optimization, infill development, and strategic improvements. The property includes 3 existing rent-to-own (RTO) units, where tenants are responsible for most interior maintenance and home-level upkeep under agreed terms. Upon completion, ownership of the home transfers to the tenant while the park owner retains land ownership and continues to generate ongoing lot rent, supporting long-term, land-based income. Three vacant homes: 134 Oakwood is currently under renovation and is expected to be rented or RTO-ready prior to closing, providing immediate upside. 41 Hillsboro (double-wide) and 43 Hillsboro both require renovation. Four Vacant Lots / Infill Opportunities: 29 Ridgecrest Road (septic in place, will require lot prep for new home). 36A Hillsboro Road (existing infrastructure still in place) 37 Hillsboro Road (existing infrastructure still in place). 45 Hillsboro Road (considered a vacant lot- existing structure has, no title and will likely need to be removed/demoed). The property is supported by existing infrastructure across most parcels, including water distribution, electric service, and septic systems on developed pads. Buyers should verify the condition, capacity, and functionality of all utilities during due diligence. From an investment standpoint, the asset benefits from a functional site layout and underutilized land components, creating multiple pathways for growth through infill, renovation, and operational improvements over time. Property is being sold as-is, where-is.

Please do not disturb tenants. No interior showings prior to accepted contract to respect tenant privacy and maintain normal operations. Buyer will receive a 3-day evaluation period with an accepted offer to conduct a preliminary walk-through (no earnest money required during this time), followed by a 12-14 day due diligence period with earnest money deposit required to proceed. Parcels include: 119-05-13-011, 119-05-16-014, 119-05-13-008, 119-05-12-008, 119-05-12-007, 119-05-12-006, 119-05-12-005, 119-05-12-004, and 119-05-14-016.

Location

State SC

County Aiken

Community Ridgecrest

Area Aiken (1Ai)

Direction From Laurens St NW (HWY 19 N), turn right on Reynolds Pond Rd, Turn right onto Ridgecrest Rd, Turn left onto Hillsboro Dr.

Building

New Construction No

Schools

Elementary Schools J. D. Lever

Middle Schools Schofield

High Schools Aiken High School

Others

Tax ID 1190512008

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors

Listed by Coldwell Banker- Best Life Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(865) 712-3656

e@greatlifere.com

4658 Gravelly Hills Road, Louisville, Tennessee, 37777, United States

37 Hillsboro ST Aiken, SC 29801

Eleanor Cippel

Key Details

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37 Hillsboro ST