Investment Overview
Executive Summary
Positioned on Evans Mill Rd in Pageland, South Carolina, this 7.16-acre land offering is marketed as a modular housing park, workforce housing, or multifamily infill development opportunity with an asking price of $60,150. The site is presented as zoned for multifamily use and has no in-place operations, making the value proposition primarily a function of land basis, entitlement posture, and development optionality.
The property’s physical appeal is centered on its scale relative to price, with marketing materials also referencing a 6.70-acre maximization footprint within the broader 7.16-acre tract. Located in the Pageland area with regional access to the broader Charlotte orbit, the site is positioned for buyers seeking low-basis entry into rural workforce or modular housing development, while seller willingness to consider partial owner financing may broaden the acquisition pool.
The investment thesis is straightforward: acquire a low-cost land position with multifamily-oriented development potential in a small-town growth corridor and create value through entitlement confirmation, title resolution, and execution of a housing program aligned with local demand.
Explore an exceptional investment opportunity in the thriving Pageland area with the multifamily property located on Evans Mill Rd. This well-established property offers a prime location and is zoned for multifamily use, presenting a robust potential for attractive returns. With strong demand for multifamily housing in the area, this property provides an excellent platform for generating consistent rental income and long-term growth. Take advantage of the established infrastructure and favorable zoning to capitalize on the in-demand multifamily market in the Pageland area. Don't miss the chance to elevate your real estate portfolio with this compelling investment opportunity.
$60,150.00 Sales Price | Possible Owner Financing. Commission Structure is a $6,950.00 Flat Fee Split Between the Listing and the Selling Brokerage if a selling brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential uses are subject to Buyer Due Diligence with Chesterfield County Planning and Zoning. Discuss a possible half-down and Seller Financing of the balance. Solely Buyer Due Diligence Responsibility. Purchased at a tax sale. Research neighborhood development standards solely via buyer due diligence. No suit to quiet title performed or to be performed by Seller. Closing costs are the buyer's costs other than the basics. The seller will execute a Quitclaim Deed at his cost, and the Attorney will focus on the other costs and the Buyer's costs on the Buyer's nickel.
Investment Highlights
- Versatile potential for development
- Strong market appeal to capture infill
- Ideal for Land/Multifamily investment
- Massive High Yield 7.16-Acre Agricultural Worker Housing Potential Site
- Strong Modular Housing Park Or Workforce Housing Maximization Footprint 6.70 ACs