2148 Old Number Six Highway

• Zoned for Commercial Residential Rental Multifamily use
• Potential for Bed & Breakfast construction
• High visibility and accessibility for potential tenants
• Opportunity for Agricultural Worker Housing with huge income generation potential
• Town of Elloree Near for Office Near Home: https://vimeo.com/912362422?fl=pl&fe=sh
• Partial owner financing available
• Incredible area to retire in
• Fraternity or Sorority purchase and use as an AWESOME getaway for Initiations and retreats
• Guy's getaway retreat to escape from everything and be close to all previously described. Write it off as a business expense for client visits.
• OWNER MAY CONSIDER A $10K REBATE WITH A FULL PRICE OFFER TO ALLOW OLD DWELLING REMOVAL. IF NOT DEMOLISHED AND REMOVED WITHIN 4 MONTHS, PROPERTY REVERTS TO SELLER WITH NO REFUND OF FUNDS FORWARDED TO DATE.

Property Description

Investment Highlights Low basis creates a manageable entry point for a redevelopment buyer. At an asking price of $60,150, the offering enables an investor or small developer to control a zoned parcel at a relatively modest total acquisition cost. That lower basis can preserve capital for demolition, entitlement review, and site preparation. Zoning and marketing position the site for residential-oriented reuse. The offering memorandum markets the property for commercial-residential rental multifamily use, while property records identify RD zoning and land/multifamily classification. That combination supports a buyer thesis focused on confirming allowable density and aligning the site with a niche residential or mixed-use concept. Existing site conditions create a clear value-add path rather than hidden operational complexity. The property includes a dilapidated structure that must be removed, making this a straightforward repositioning opportunity focused on cleanup and redevelopment rather than lease rollover or tenant management. Buyers can underwrite the opportunity around defined upfront work and a reset land basis. Seller flexibility may improve deal structuring. The seller has indicated possible owner financing and a potential $10,000 rebate with a full-price offer to assist with structure removal. Those terms may reduce initial cash outlay and help offset early-stage demolition costs. The parcel offers a usable site footprint for a compact development program. The offering memorandum identifies the site as 1 acre with one existing structure on site. For buyers targeting a small-scale project, that size can support a focused development plan without the carrying cost of a larger land assemblage. Rural setting supports specialized demand strategies rather than commodity competition. The memorandum highlights potential uses including workforce or agricultural housing, retirement-oriented occupancy, and retreat-style residential concepts. In a low-density area, differentiated use planning may be more relevant than pursuing a conventional broad-market multifamily model. Demographic data suggest stable household economics in the immediate trade area. Within one mile, the memorandum reports average household income of $59,652 and average house values approaching $199,000. While the surrounding population base is limited, the data indicates a rural market with measurable household value and income levels that may support carefully scaled residential redevelopment. The location offers visibility and access near regional recreation drivers. The property is positioned on Old Number Six Highway in the Cameron/Elloree area, with marketing materials emphasizing accessibility and proximity to Santee, Lake Marion, and area golf amenities. That context can broaden the appeal of alternate-use concepts tied to extended-stay, seasonal, or destination-oriented occupancy. Unlock the potential of this prime property located at 2148 Old Number Six Highway in the scenic Cameron area. Boasting a coveted zoning designation for commercial residential rental multifamily use, this parcel offers a strategic foundation for lucrative development opportunities. With its prominent location, this property provides high visibility and accessibility for potential tenants, B&B Guests, or as a personal or corporate retreat, making it an ideal choice for investors seeking to maximize returns in the competitive rental market or utilize for personal use. Take advantage of the burgeoning demand for multifamily residences in this flourishing and relaxing area and position yourself for long-term success with this exceptional investment opportunity. An alternative route could be to maximize return on investment by developing Agricultural Worker Housing on this site, but that is up to the buyer. The potential exists to discuss owner financing a portion of the price. Site due diligence is Buyer's responsibility. "AS IS, WHERE IS". Town of Elloree vision of what is near: https://vimeo.com/912362422?fl=pl&fe=sh Commission Structure is a $6,000.00 flat fee split $3,000.00 Between Listing and Selling Brokerage if a Selling Brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential use is subject to Buyer Due Diligence with Calhoun County Planning and Zoning. Discuss possible half down and Seller Financing of the balance. A dilapidated structure exists on the site and will need to be bulldozed and removed with site cleanup. Solely Buyer Due Diligence Responsibility. OWNER MAY CONSIDER A $10K REBATE WITH A FULL PRICE OFFER TO ALLOW OLD DWELLING REMOVAL. IF NOT DEMOLISHED AND REMOVED WITHIN 4 MONTHS, PROPERTY REVERTS TO SELLER WITH NO REFUND OF FUNDS FORWARDED TO DATE.