Address
978 S Live Oak Dr Moncks Corner, SC
Price
$ 950,000
Property Attributes
  • MLS#30654347
  • TypeCommercial
  • CountyBERKELEY
  • CityMoncks Corner
  • AreaMoncks Corner-Pinopolis Area
  • Zip29461
  • Style
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Realty One Group Coastal
Data Source:
Charleston Trident
Property Description

This is a unique opportunity to own a 8 unit Multi Family property with an additional cash flowing business! This property is comprised of 2 buildings totaling 13400 SF. The main building is 11,550 SF and 8 apartments with great rental history and has an attached 4000 SF warehouse that is used as an FDA approved kitchen for food trucks that has 16 foot ceilings and two 14 foot roll up doors. The food truck business is in very high demand and the current owner is having to turn away business. The 2nd building is an 1850 SF townhouse with 2 apartments. The total gross income from the apartments is $81,720.00 The rent from the FDA kitchens is $59,700.00 a year. There is additional warehouse space that could also be leased. The total income for the property is $141,420 . Expenses include . Insurance , $9,053.14 Property Taxes, $10,526.90 Utilities, $ 14,360.73 Trash Pick up, $ 1,170.28 Total Expenses $ 30,433.77 Net Income $ 110,987.0 This projection is based on 2021 trending income and expenses. Restaurant equipment to convey with the sale is valued at $17,025.00 Cap Rate

Price History
9/29/2020 Listed $950,000

General Features

Property Sub Type Duplex/Fourplex
Property Type Multi-Family
Submarket 76 - Moncks Corner/Pinopolis Area
Zoning GC

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 29461

Price
AVG $1.24M
$950K
Visits
AVG 172
91
Walkscore
AVG 31
9
Data Provided by Walkscore ® not using MLS data

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