1156 Russell Drive, Mount Pleasant, SC

$4,500,000

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4.00

Acres

About 1156 Russell Drive

The property includes 4 parcels located on the n/e side of Russell St, appx 500' n/w of Chuck Dawley Blvd in the Town of Mt Pleasant. Zoning is R-1 (3 acres) and R-2 (1 acre). No appointment is necessary to view the property. It is currently operating as a 34- to 36-pad mobile home park; please do not disturb tenants. All mobile homes & trailers are owned by the tenants who have been given notice to vacate by the end of April. The pads are currently rented month to month below market. Given the location in Mt. Pleasant, there is potential to increase rents to generate gross income between $200k and $300k. The mobile home park is a non-conforming use that can remain as long as that use is continued. If the use were to be abandoned for a period of 180 days, it could not be reestablished.The pads are individually metered for power; common water is provided by the owner. The site is currently served by on-site septic, redevelopment will require sewer from the Town of Mount Pleasant. All zoning, density, utilities, & school information must be verified by the buyer and buyer's agent. *Please note: Wando and Lucy Beckham high schools are under a phase-in structure through 2023 based on grade level. If high school location is vital, call the school district to verify. TMS#532-03-00-022, 030, 031 & 107

Features of 1156 Russell Drive

MLS® # 22005555
Price $4,500,000
Acres 4.00
Type Vacant Land
Style Mobile Home, Residential
Status Active Contingent

Community Information

Address 1156 Russell Drive
Area 42 - Mt Pleasant S of IOP Connector
Subdivision None
City Mount Pleasant
County Charleston
State SC
Zip Code 29464

Amenities

Has Pool No

Exterior

Lot Description Inside, 2-5 Acres

School Information

Elementary Mt. Pleasant Academy
Middle Moultrie
High Lucy Beckham

Additional Information

Days on Website 78
Zoning Residential

Listing Details

OfficeThe Guerry Group, LLC

Listing Map

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