South Carolina / Summerville / 29483 / 109 East 8th North Street

109 East 8th North Street

Summerville, SC 29483

Listing ID: 204841

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$1,100,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 1.150
Building Sq Ft 50,093
Building Price per Sq Ft $21.96
Land Sq Ft 50,093
Land Price per Sq Ft $21.96

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Description

This 1.15 +/- acre property is currently an income-producing mobile home park with 20 units which gross approximately $14k / month in rent. The park is advantageously situated adjacent to the main artery of Summerville, close to 1-26 and the town's primary shopping and dining district. This property would be ideal for redevelopment into a hospitality site, given the continued growth of both the Summerville area and nearby industrial and manufacturing facilities in Dorchester and Berkeley counties.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Charleston History of Multifamily Housing for Sale

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Listing Demographics for 109 East 8th North Street Summerville, SC 29483

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		5,340	44,340	126,271
Population Median Age		37	38	37
Population by Age	0-9 Yrs	898 (16%)	5747 (12%)	17012 (13%)
	10-19 Yrs	516 (9%)	5340 (12%)	17307 (13%)
	20-29 Yrs	772 (14%)	5919 (13%)	17058 (13%)
	30-39 Yrs	874 (16%)	6559 (14%)	17808 (14%)
	40-49 Yrs	465 (8%)	5328 (12%)	16234 (12%)
	50-59 Yrs	775 (14%)	5952 (13%)	16861 (13%)
	60-69 Yrs	623 (11%)	5497 (12%)	13424 (10%)
	70+ Yrs	417 (7%)	3997 (9%)	10568 (8%)

Median HH Income		$45,882	$56,590	$59,645
Total Household Income	< 24K	606 (29%)	3214 (19%)	8103 (17%)
	25-49K	525 (25%)	3924 (23%)	10248 (22%)
	50-74K	317 (15%)	3483 (21%)	9515 (20%)
	75-99K	185 (8%)	2072 (12%)	6863 (15%)
	100-199K	341 (16%)	3134 (19%)	9108 (20%)
	200K+	81 (3%)	574 (3%)	1695 (3%)

Highest Education Level	No Diploma	453	2828	8110
	Diploma or GED	1079	8815	24302
	Some College	813	7833	20997
	Assoc. Degree	446	3562	9920
	Bachelors Degree	562	4944	13583
	Higher Degree	232	2515	7068

Total Housing Units		2,181	17,530	49,203
--Owner-Occupied		1,040	11,107	31,426
--Renter-Occupied		1,016	5,295	14,106
Owner-Occupied Values	< 100K	214	1454	4534
	100-199K	349	5122	13736
	200-299K	271	2648	8444
	300-399K	140	1010	2818
	400-499K	32	486	1031
	500K+	33	386	864

Total Working Age Population		4,058	35,355	98,812
In Work Force		2,440	22,774	64,964
Not In Work Force		1,618	12,580	33,849
Workforce Employed		2,283	21,080	60,936
Workforce Unemployed		156	1,592	3,333
Civlian Workforce		2,439	22,673	64,268
Military Workforce		1	102	695

Total Households		2,056	16,402	45,533
Family Households		1,174	10,739	31,491
Non-Family Households		882	5,663	14,042
Married Couple		650	7,620	21,997
Other Family		524	3,118	9,494
Married w/Child		214	2,709	8,668
Single Male w/Child		20	167	905
Single Female w/Child		247	1,451	4,178

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
South Carolina	4,012,012	+15	4,625,364	+9	5,020,400	+9	5,488,460
Berkeley County	142,651	+25	177,843	+8	192,450	+11	214,140
Charleston County	309,969	+13	350,209	+5	366,380	+6	386,660
Colleton County	38,264	+2	38,892	+11	43,080	+7	46,250
Dorchester County	96,413	+42	136,555	+9	149,300	+14	170,210

Total Working Age Population:

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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