$180,000
$195,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
37 Hillsboro Street #Multiple Aiken, SC 29801
1 Acres Lot
Key Details
Sold Price $180,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222967
Sold Date 07/22/26
HOA Y/N No
Year Built 1985
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Multi Family
Source Aiken Association of REALTORS®
Property 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. Also listed as Residential Multifamily MLS #223669.
Location
State SC
County Aiken
Area Ne
Direction From Laurens St NW (HWY 19 N), turn right on Reynolds Pond Rd, Turn right onto Ridgecrest Rd, Turn left onto Hillsboro Dr.
Rooms
Other Rooms See Remarks
Basement See Remarks
Interior
Interior Features See Remarks
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Exterior
Exterior Feature See Remarks
Parking Features See Remarks
Utilities Available See Remarks, Water Available, Electricity Available
Roof Type See Remarks
Building
Lot Description See Remarks
Foundation See Remarks
Sewer See Remarks, Septic Tank
Water Public
Structure Type See Remarks
New Construction No
Others
Tax ID 1190512008 - Multiple
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
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