37 Hillsboro Street

Description

Mobile home park investment opportunity in Aiken with significant upside! This 10-lot portfolio across multiple parcels offers a mix of existing rent-to-own (RTO) income, renovation opportunities, and vacant infill lots, creating both immediate income and long-term potential through land optimization, infill development, and strategic improvements. The property includes 3 existing rent-to-own (RTO) units, where tenants are responsible for most interior maintenance and home-level upkeep under agreed terms. Upon completion, ownership of the home transfers to the tenant while the park owner retains land ownership and continues to generate ongoing lot rent, supporting long-term, land-based income. Three vacant homes: 134 Oakwood is currently under renovation and is expected to be rented or RTO-ready prior to closing, providing immediate upside. 41 Hillsboro (double-wide) and 43 Hillsboro both require renovation. Four Vacant Lots / Infill Opportunities: 29 Ridgecrest Road (septic in place, will require lot prep for new home). 36A Hillsboro Road (existing infrastructure still in place) 37 Hillsboro Road (existing infrastructure still in place). 45 Hillsboro Road (considered a vacant lot- existing structure has no title and will likely need to be removed/demoed). The property is supported by existing infrastructure across most parcels, including water distribution, electric service, and septic systems on developed pads. Buyers should verify the condition, capacity, and functionality of all utilities during due diligence. From an investment standpoint, the asset benefits from a functional site layout and underutilized land components, creating multiple pathways for growth through infill, renovation, and operational improvements over time. Property is being sold as-is, where-is, with value derived from land, infrastructure, and income-producing potential, and is positioned for investors seeking both immediate cash flow and long-term growth. Please do not disturb tenants. No interior showings prior to accepted contract to respect tenant privacy and maintain normal operations. Buyer will receive a 3-day evaluation period with an accepted offer to conduct a preliminary walk-through (no earnest money required during this time), followed by a 12-14 day due diligence period with earnest money deposit required to proceed. Parcels include: 119-05-13-011, 119-05-16-014, 119-05-13-008, 119-05-12-008, 119-05-12-007, 119-05-12-006, 119-05-12-005, 119-05-12-004, and 119-05-14-016.