Introducing 165 Meadow Green Lane, Woodruff, SC. This expansive property presents a prime opportunity for Land/Multifamily investors and is located in the Upstate’s newest hotspot, Woodruff, SC. Boasting ample space for multifamily development with potential for commercial or mixed-use projects, this versatile acreage offers strategic investment potential. Situated for convenient access to key amenities and major transportation routes, it's an ideal canvas for tailored investment strategies and custom development. With proximity to growing residential and commercial areas, there is a high potential for significant value appreciation. Don't miss the chance to acquire this outstanding opportunity located 3 minutes from Downtown Woodruff. This beautiful site is an assemblage of 4 parcels totaling +/-23. 71 acres, other parcel TMS #'s include: 4400001006 (+/-4. 7 acres), 4400001005 (+/-4. 69 acres), and 4400001003 (9. 22 acres). The city of Woodruff is bringing sewer to all parcels in this assemblage, and all other utilities are readily available. This serene location offers many possibilities for development and an almost universal appeal with a natural site for amenities, walking trails and ideal detention area along with a peaceful low-lying creek that can be a potential feature without disrupting viable, buildable acreage. You will find this site located between two major traffic corroders – Hwy 101 and Hwy 221 with convenient access to most everything. Additional points include the award willing District 4 Schools, the location is minutes from new $700, 000, 000. 00 BMW facility plant under construction and just a short drive from Greenville and Spartanburg with convenient access to I-26 and I-85. Buyer responsible for any roll-back taxes if applicable. Taxes obtained from CRS
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William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $682,848 | $682,848 | $682,848 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,429 | $4,372 | $6,043 |
Total Monthly Payment | $4,521 | $4,464 | $6,135 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.