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300 Tunnel Town Road, Mountain Rest, SC, 29664 | $649,900
Incredible investment opportunity with this 13. 87+ acre mobile home and RV park offering excellent rental income and room for expansion. Located close to Sumter National Forest, within biking distance to Stumphouse Mountain Biking Park, 10 minutes from the Wild and Scenic Chattooga River, and 20 minutes from Lake Keowee, this area is ripe for growth and tourism. The property features two commercial-grade wells, multiple build sites, and mountain views from the rear. Included are three mobile homes, a stick-built home, and six rented RV spots, generating a current monthly income of approximately $5, 500. Existing rental rates include: stick-built home at $750/month, mobile homes at $450, $750, and $850/month, and six RV sites at $450/month each. A spacious 24x36x12x48 shop building with electricity and water, sheds for equipment, 12x24 carport, and 220 power are all in place. One unused septic system provides an opportunity to add another home or tiny house. With solid infrastructure and excellent income potential, this property is ideal for investors seeking passive income, mobile home development, or expansion opportunities. A rare find—this is a must see!
Features
- Property Type: Special Purpose
- Utilities: Cable Available,Electricity Available,Propane,Other,Underground Utilities,Water Available,Separate Meters
- Heating: Multiple Heating Units
- Cooling: Multi Units
- Development: 203-Oconee County,SC
- Acreage: 13.87
- Lot Desc: Outside City Limits,Level,Rolling Slope
- MLS#: 20299913
- Days on Market: 41 days
- Website: https://www.raveis.com
/prop/20299913/300tunneltownroad_mountainrest_sc?source=qrflyer
Listing courtesy of Powell Real Estate Phone: 864-638-5879
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
300 Tunnel Town Road, Mountain Rest, SC, 29664
$649,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $519,920 | $519,920 | $519,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,201 | $3,283 | $4,317 |
| Total Monthly Payment | $3,293 | $3,375 | $4,409 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484