Investors/builders or build your custom home opportunity in the growing North Charleston market. This offering includes 1 of 2 subdivided lots providing a ready to build opportunity. Situated on Otranto Rd, this parcel is part of a newly divided property. Strong nearby newly built homes making it ideal for custom or spec home construction. Convenient to major roads, easy access to I 26, shopping and employment centers, with continued growth driving demand in the area. With limited buildable land available, this a rare chance to step into a project with reduced upfront hurdles. Buyer to verify zoning, utilities and building requirements.Disclosure: Agent related to owner.
2316 Otranto Road, North Charleston, SC, 29406
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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