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$215,000

Beds
12
sq ft
Unknown

1054 Edgewater Rd, Pineville, SC 29468

1054 Edgewater Rd

Pineville, SC 29468

  • 170 days on market
    • Price drop $54,000↓
SELLER WILL CONSIDER ALL OFFERS! Incredible Investment Opportunity!This motel and convenience store, ideally located between Lake Moultrie and Lake Marion, provides unbeatable access to top fishing destinations and a variety of outdoor activities. With the growing demand for vacation rentals in the area, this property is a prime investment for those looking to generate significant income through short-term stays.Plus, it offers fantastic potential for conversion into rental apartments, ensuring a consistent and reliable revenue stream Property Details: Unit 1: Main House - 2,036 sq. ft., 3 bedrooms, 2 bathrooms Unit 2: 6 Rental Units - 3,792 sq. ft., 6 bedrooms, 6 bathrooms Unit 3: 4 Rental Units - 2,358 sq. ft., 4 bedrooms, 4 bathrooms. This versatile property is being sold strictly AS-IS. Don't miss out on this unique opportunity perfect for nature lovers and savvy investors alike. Come see it today!

Details

Property type

Lot size

1.57 acres

Price per sq ft

Unknown

Year built

1977

Price History

09/16/2024
CTAR

CTAR #24014322

Price change
$215,000
-20.07%
06/05/2024
CTAR

CTAR #24014285

Removed
$269,000
06/05/2024
CTAR

CTAR #24014285

Listed
$269,000
-10.33%

Schools & Community

Elementary school: 

Cross

Middle school: 

Cross

High school: 

Cross

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Axos Bank

Loan start date

January 2019

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

4.63%

Loan type

Commercial

Seller

Marvin L Campbell and Michael Campbell

Lender

Joyce M Campbell

Loan start date

January 2013

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Not Provided

Seller

Marvin L Campbell and Michael Campbell

Lender

James R Neal Etal

Loan start date

January 2013

Original loan amount

$125,000

Est. remaining balance

$30,637

Interest rate

2.63%

Loan type

Not Provided, 15 year

Seller

Marvin L Campbell and Michael Campbell

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 3:45 PM

Listing updated: 10/23/2024 at 1:50 PM

Listed by: Bela Amato, RE/MAX Cornerstone Realty Phone #: (843) 899-6002

MLS: CTAR #24014322

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Charleston Trident Association of REALTORS®/Charleston Trident Multiple Listing Service. Those properties marked with the Broker Reciprocity logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright © 2024 Charleston Trident Association of REALTORS®. All Rights Reserved.