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Positioned in the growing coastal market of Port Royal, 13 Marshellen Drive presents a stabilized, income-producing investment opportunity with long-term security already in place. The property is leased to an in-place tenant through June 30, 2030, providing predictable cash flow and reducing near-term leasing risk for investors.
This asset offers an attractive 7. 29% cap rate, delivering strong in-place returns relative to comparable coastal investments. The extended lease term enhances income durability, making it well-suited for investors seeking returns with minimal management intensity.
Strategically located the only business park in Port Royal, the property benefits from continued population growth, expanding tourism, and increasing demand for service-oriented and neighborhood commercial uses. The building has been well maintained with new exterior paint as of 2022 and a new roof as of 2023. Fencing at the rear of the property was added within the last year, as well. The tenant, a thriving & in demand day care, and makes great use of the space, including a kitchenette and 4 bathrooms.
The area has significant nearby developments, including the newly approved $30M+ VA Super Clinic Port Royal, which is expected to drive consistent daytime traffic and employment, as well as the transformative Safe Harbor Development at the Port of Port Royal just up the road, adding residential density, marina activity, and vibrant mixed-use amenities to the immediate area.
Proximity to Beaufort and key regional drivers, including Marine Corps Recruit Depot Parris Island & the Marine Corps Air Station, further supports long-term tenant demand and economic resilience.
13 Marshellen Drive represents a compelling opportunity to acquire a performing asset in a supply-constrained coastal market, offering both stable current income and the potential for future appreciation.
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
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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 | $640,000 | $640,000 | $640,000 |
| 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 | $3,941 | $4,041 | $5,315 |
| Total Monthly Payment | $4,033 | $4,133 | $5,407 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.