This is a limited-service listing agreement. All inquiries should be submitted the property owner via the contact information included in the attached Offering Memorandum. The list price is not $1.00; this is a solicitation for offers. Written, sealed Bids for the Property will be accepted and must be received no later than 3:00 PM on Wednesday, August 31, 2022. Please review the attached Terms and Conditions of the Sealed Bid Process. Buyer shall be responsible for payment of the fees of any broker or other real estate agent, advisor or attorney. The property contains approximately 66.09 Acres that can be accessed via a permanent 50' easement located on the northwest side of Seewee Road approximately 1.1 miles from Highway 17. For GPS mapping, use 5190 Seewee Road (not actual address). The easement has been recently bush-hogged and flagged. Enter at own risk. Four-wheel drive is recommended. The property can also be accessed via a powerline located on the east side of Broomstraw Hill Road approximately 0.5 miles from Highway 17. This access crosses private property and is not deeded. Please see attached interactive map for the location of the easement on Seewee Road and powerline location on Broomstraw Hill Road along with additional photos.
| Acres | 66 |
| Area | Awendaw/McClellanville |
| City Name | Awendaw |
| County | Charleston |
| State | SC |
| Property Type | Land |
| Postal Code | 29429 |
| Date Modified | 2022-12-23T06:06:38 |
| Property Status | Existing |
| Status | Pending/Contingent |
| Title | 66 Acres Near Seewee Rd, Awendaw |
| Zoning | RR-3 |
Listed by: The Guerry Group, LLC | 843-375-1440
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.
