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$ 195,000
Est. payment /mo
New
37 Hillsboro ST Aiken, SC 29801
13 Beds
7 Baths
4,620 SqFt
UPDATED:
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.
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
Listed by Coldwell Banker- Best Life Realty