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About This Home

This 0-bedroom, 0-bathroom commercial at 37 Hillsboro Street in Aiken, SC is listed for $195,000. Built in 1985, on a 1.00 acres lot.

Agent Description

Mobile home park investment opportunity in Aiken with significant upside! This 10-lot portfolio across multiple parcels offers a balanced mix of in-place income, rent-to-own (RTO) structured units, traditional rentals, and vacant infill lots, creating both immediate cash flow and long-term value-add potential through land optimization, infill development, and selective repositioning.

The property includes 4 units under RTO agreements, where tenants are responsible for most interior maintenance and home-level upkeep under agreed terms, while the land remains owned by the park and continues to generate long-term lot-based income. These structures provide stable occupancy with reduced day-to-day operational involvement at the unit level.

In addition, there are 2 occupied homes under traditional rental agreements, supporting consistent in-place cash flow. The remaining 3 lots are vacant and already supported by existing utility infrastructure, providing immediate infill potential for additional manufactured homes subject to buyer verification, zoning, and utility capacity.

These sites represent clear upside through expansion and increased density without major infrastructure installation. The housing stock includes a mix of conditions and unit types, including 41 Hillsboro, a double-wide 3 bed / 2 bath partially renovated home with prior strong rental performance, 43 Hillsboro, a single-wide 2 bed / 1 bath requiring

full renovation or repositioning, and 134 Oakwood Drive, a double-wide 2 bed / 1 bath recently vacated and positioned for renovation or re-tenanting. Additional homes across the portfolio reflect varying levels of condition, providing flexibility for continued rental use, improvement, or long-term repositioning strategy.

The property is supported by existing infrastructure across most parcels, including water distribution systems, electric service, and septic systems in place on developed pads. This infrastructure supports efficient ongoing operations and allows for future expansion without significant utility installation costs.

A smart water monitoring system with real-time leak detection alerts is installed, providing immediate visibility into abnormal usage and helping reduce exposure to utility loss and operational disruption. From an investment standpoint, the asset benefits from a functional site layout, established income base, and underutilized land components, cre

ating multiple pathways for upside through infill, renovation, and gradual rent stabilization 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 protect and respect tenant privacy and maintain normal operations. Buyer will receive a 3-5 day evaluation period to conduct a preliminary walk-through and evaluation (no earnest money required during this time).

This will be followed by a 12-14 day due diligence period, at which point an earnest money deposit will be 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, spanning the Ridgecrest, Hillsboro, and Oakwood.

Key Features

  • Built in 1985
  • 1.00 acre lot

Property Details

1 story
#Multiple
1985

Monthly Cost Estimate

$1,043/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57

Estimates only. Actual payments may vary.

Location

37 Hillsboro Street

Aiken, SC 29801

Property Details

Construction

Aluminum Siding Vinyl Siding

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 37 Hillsboro Street is listed at $195,000. The estimated monthly payment is $845 based on 20% down at 6.5% interest.

Key features include: Built in 1985, 1.00 acre lot.

This property is listed by Erika Toole Ramsey and can be reached at 8034391710 or erika@erikaramsey.com.

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ER

Erika Toole Ramsey

Agent at Coldwell Banker Best Life Realty

(803) 439-1710

Listed by Coldwell Banker Best Life Realty

MLS# 222967· Source: listhub· Updated 1 days ago

Copyright © 2026 Aiken Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

37 Hillsboro Street, Aiken, SC 29801

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