Multifamily Workforce - Migrant Worker - Modular Absorptive Infill Site Near Lake Marion

Investment Overview

Investment Highlights Low basis entry at $32,750 supports land-banking or near-term redevelopment strategies. At roughly $1.08 per land square foot, the offering provides buyers with control of a 30,366 SF site at a modest basis relative to many residential development acquisitions. That pricing can create capacity for entitlement work, site improvements, or a phased hold strategy while limiting total dollars at risk. RUD zoning positions the parcel for multiple residential development paths. The marketing materials emphasize multifamily, workforce housing, migrant worker housing, modular, and broader land development use cases. That flexibility is meaningful because it allows a buyer to align the site with local demand drivers rather than underwriting a single narrow exit. Infill scale can be advantageous for smaller-balance development and private-capital buyers. At approximately 1.0 acre, the site is large enough to support meaningful planning while remaining small enough for an individual investor, local developer, or niche housing operator to pursue without institutional-scale capital. This size profile can shorten decision cycles and simplify project structuring. Possible owner financing may improve acquisition efficiency and preserve liquidity. The seller is marketing the property with possible owner financing and references a low-entry structure. For buyers seeking to conserve cash for diligence, soft costs, or post-closing improvements, seller financing can improve capital efficiency compared with an all-cash land purchase. Location near Lake Marion supports housing demand tied to regional employment and recreation patterns. The site benefits from proximity to the Lake Marion area and the broader Santee Cooper region, which supports a mix of local residents, service workers, and seasonal activity. For residential or workforce-oriented concepts, that setting can help differentiate the project from more isolated rural land offerings. Existing site improvements may offer practical redevelopment utility. Property records indicate 2 buildings with approximately 1,724 SF of building footprint on the parcel. Even if a buyer ultimately repositions the site, existing improvements can provide interim utility, demolition optionality, or a starting point for evaluating how the parcel can be staged. POTENTIAL TO REFURBISH EXISTING STRUCTURES. Vacant status allows immediate control over business plan execution. With no tenancy in place, a buyer avoids rollover risk, rent collection issues, and lease constraints. That clean operating posture is often preferable for land or redevelopment buyers who want to move directly into diligence, entitlement, and site planning. The offering is best suited to buyers who can underwrite title and entitlement complexity. The seller states the property was acquired at a tax sale, will convey as-is via quitclaim deed, and will not pursue a quiet title action. For experienced buyers, that complexity can be the reason a site is available at a low basis, creating potential upside if the diligence path is managed effectively. Introducing an exceptional investment opportunity in the thriving Elloree area. This prime property, zoned RUD, offers the ideal canvas for a range of development possibilities, including multifamily projects and land development. Boasting a coveted location and generous zoning, this parcel presents a strategic investment for those seeking to capitalize on the area's burgeoning real estate market. With its versatile zoning and sought-after location, the property is primed for creating a thriving multifamily community or a lucrative land development venture. Don't miss the chance to secure a lucrative asset in the vibrant Elloree area and unlock its full potential. OWNER FINANCING: LOW ENTRY; SPREAD OVER TIME. $32,750.00 Sales Price | Possible Owner Financing. Commission Structure is a $5,500.00 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 low downstroke 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. OWNER FINANCING MAKES IT EASY. ALL ASPECTS AS IS, WHERE IS - BUYER DUE DILIGENCE. SOLELY BUYER DUE DILIGENCE REGARDING ACCESS

Investment Highlights

• Zoned RUD
• Developable land
• Ideal for multifamily
• Strategic location
• Versatile investment opportunity
• OWNER FINANCING, LOW ENTRY, SPREAD OVER TIME
• AWESOME OPPORTUNITY FOR A FRATERNITY TO ACQUIRE A PARTY HOUSE W/ FISHING AND THE LAKES