5464 Dutton North Charleston, SC 29406, Charleston Real Estate

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Fully occupied and stabilized 9 unit mobile home park with 6 park owned units and 3 tenant owned units. Significant opportunity to push ground rents to increase NOI. Currently offered at a 10.44 cap rate. Current owner completed significant renovations to park owned units in ''23 and ''24. Proforma cap rate between 11-12 with only modest increases to monthly ground rent. This investment opportunity offers great returns with relatively hands off management.

Address5464 Dutton
City, ZIPNorth Charleston, SC 29406
AreaN.Charleston, Summerville, Ladson, Outside I-526
MLS #31007493
StatusActive
Price$725,000
CategoryFor Sale
Property Type
Property Subtype:Multi Family
Sq Ft5,892 SF
ZoningCity of North Charleston - R-1 - Single Family Residential

Title:Dutton Estates
Nearest MSA:Charleston-North Charleston, SC
Sewer:Public Sewer
Water SourcePublic

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