Richtex - Town for Sale FOR SALE


Winnsboro, SC
$1,500,000 USD
803-413-5787
, Winnsboro, SC for Sale
$1,500,000 USD
FOR SALE
1/83
null | 7.69% Cap Rate

Richtex - Town for Sale
Winnsboro, SC


HIGHLIGHTS

  • Own a whole town with rental homes
  • Endless potential for development and growth
  • Further develop into an RV Park

OVERVIEW

This one-of-a-kind 28-acre portfolio in the historic mill town of Richtex offers a blend of residential charm, commercial income, and long-term upside. It includes six homes, ranging from renovated cottages to income-producing rentals, along with “The Town,” a 12.7-acre mixed-use hub featuring the original old mill with three-phase power, a secondary shop, a brick general store, a commissary, and five new RV pads. Several units are leased to long-term tenants, including local businesses and traveling workers, with a current gross income of approximately $10,400/month and a pro forma potential of $13,100/month. There's also a scenic pond on the property and over 10 acres of flat land with development potential for an expanded RV park or campground. With river frontage, railroad access, proximity to Scout Motors and VC Summer, and a strong rental history, this portfolio is ideal for investors seeking steady cash flow, space to grow, and a piece of South Carolina history. Don’t wait, the homes and town are also listed separately! Google Drive with all photos organized by address - See Portfolio Packet for details on each individual piece of this portfolio including rents. https://drive.google.com/drive/folders/1ghVBYk4EiWzGazQCfudlKplk9NNHYTLa?usp=sharing

ASK ABOUT THIS PROPERTY

Lauren SmallBerkshire Hathaway HomeServices Midlands Real EstaMore Info
803-413-5787

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Lauren SmallBerkshire Hathaway HomeServices Midlands Real EstaMore Info
803-413-5787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.