1156 Russell Drive

  • 390 DOM

$4,100,000Mount Pleasant, SC

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Price History

$4,500,000 -> $4,500,000 on 07/23/2022
$1 -> $1 on 03/11/2022

1156 Russell Drive

This property is in probate, sale is subject to court approval. This offering reflects an existing mobile home park operating for decades at near full occupancy. The majority of tenants have been vacated to allow for increasing pad rates to market, or for residential redevelopment. The property also includes two residential lots that cannot be used for mobile homes, but offer potential for residential development, or resale to recoup the initial investment in the park.The park is accessed via a gravel road through a 25' strip of land passing between the two lots that is under the same ownership. The lots can be sold separately, but their sale will be contingent upon a closed sale of the mobile home park. Each lot will be reduced in size slightly to increase the park access road to 50'.

Essential Information

  • MLS® #22005555
  • Price$4,100,000
  • Acres4.00
  • TypeVacant Land
  • StatusActive Contingent

Community Information




School Information

  • ElementaryMt. Pleasant Academy
  • MiddleMoultrie
  • HighLucy Beckham

Additional Information

  • Days on Website390

Listing Details

  • OfficeThe Guerry Group, LLC

LISTED BY The Guerry Group, LLC, (843) 375-1440