0 Ranger Drive

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0 Ranger Drive

Cross, SC 29853
Asking Price
$785K
Asset Type
Multifamily
Class
Class B

What's Special

0 Ranger Drive is situated in Cross, South Carolina, within Berkeley County. The property is located in a rural, quiet setting characterized by low-density residential use and proximity to the expansive recreational waters of Lake Moultrie and Lake Marion. The site provides convenient access to Highway 6, which serves as a primary local corridor connecting the area to neighboring Moncks Corner and Eutawville. Basic amenities, including local retail centers and outdoor recreation facilities, are located within a short driving distance. This multifamily site is suited for low-to-medium density residential development, such as a garden-style apartment complex or a cluster of duplexes. The ideal tenant profile typically includes local workers seeking more affordable housing options away from the urban centers of Charleston, as well as individuals employed in the regional manufacturing and timber industries. The location also appeals to outdoor enthusiasts participating in the local tourism and boating sectors who prioritize immediate access to the Santee Cooper lake system.

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NOI
$80,000
Cap Rate
10.19%
DSCR
1.72
Strong
Cash-on-Cash
14.18%
Monthly Payment
$3,883.752
Annual Cash Flow
$33,394.98

Location & Travel Times