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Package offering with this 4-unit investment property and well-established business (Scampy’s Country Store & Deli) that includes all the inventory, equipment, business name, goodwill, etc. This profitable store has been in operation for many years (with 2020 being one of the busiest years yet) but the owners are ready to retire and looking to help facilitate a smooth transition to new owners. As a bonus to the store income, this property also offers a long-term lease to US Post Office and two leased apartments above. All building income/expenses and business financials available to qualified buyers upon request. The store includes all inventory, deli equipment, pizza oven, hood system, display cases, walk-in cooler, separate prep kitchen, ac units, updated compressor, etc. Customers are able to enjoy a meal on the back porch while overlooking the Clyde River. The entire building is serviced by a drilled well, the 2 apartments have an updated septic/leach-field and the store & post office have a holding tank. This store has been the center of life in West Charleston for decades with a very loyal clientele that keep coming back for daily necessities and specialties such as the Scampy's steak-and-cheese grinders. This is a great opportunity and has a lot to offer for the price!
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$250,000
William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $200,000 | $200,000 | $200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | $342 | $342 | $342 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,104 | $1,199 | $1,608 |
| Total Monthly Payment | $1,521 | $1,616 | $2,025 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.